Brazilian public fintech company Méliuz became the first in the country to officially include Bitcoin in its treasury assets. On May 15, 2025, Méliuz purchased 274.52 $BTC for $28.4 million at an average price of $103,604 per coin. This acquisition increased the company’s total Bitcoin assets to 320.3 BTC, valued at over $33 million. Earlier, in March 2025, Méliuz had already bought 45.72 BTC for $4.1 million, demonstrating a strategic approach to investing in cryptocurrencies.
This step, approved by shareholders, highlights the growing trust in Bitcoin among Brazilian corporations and may impact the financial strategies of other companies in the region. Méliuz, serving over 30 million users, sees Bitcoin as a reliable asset for diversifying its reserves.
Such actions reflect a global trend where companies are increasingly investing in cryptocurrencies, recognizing their potential. Stay updated on cryptocurrency market news and join #MiningUpdates to keep up with the latest developments!
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