Looking to the future, Mercado Livre expands its position in Bitcoin with the acquisition of 157.7 BTC
Mercado Livre, the e-commerce giant in Latin America, has reinforced its bet on Bitcoin by acquiring an additional 157.7 units of the cryptocurrency in the first quarter of 2025. The information was disclosed in a report sent to the SEC (U.S. Securities and Exchange Commission) last Thursday (8), as the company is listed on Nasdaq.
With the new purchase, Mercado Livre consolidates its position as one of the public corporations with the greatest exposure to Bitcoin. The company, which had already invested in the cryptocurrency in previous years, demonstrates ongoing confidence in the digital asset, even in a volatile market.
Mercado Livre already allows cryptocurrency payments in some countries where it operates, in addition to offering investment services in Bitcoin through Mercado Pago.
The new acquisition reinforces its commitment to the crypto ecosystem, while other major companies are also expanding their holdings, such as Strategy and Tesla.
Experts assess that the measure may be a sign of confidence in BTC as protection against inflation and an alternative to traditional assets.
The price of Bitcoin reacted with a slight increase after the news, showing how institutional movements still influence the market.
With the purchase, Mercado Livre consolidates itself as one of the pioneers in the cryptocurrency sector in Latin America, reinforcing institutional adoption of Bitcoin in the region.
Paulinho Sacramento
Communicator, Researcher, fintech enthusiast, crypto assets, and CEO of Cine Crypto
www.cinecrypto.org
