Mercado Livre increases Bitcoin reserve by 40% and reaches US$ 59 million
Mercado Livre (NASDAQ-MELI) increased its Bitcoin stock by 38%, which now totals US$ 59 million, according to the Q1 2025 results report published by the company on its dedicated shareholder page.
As shown in the FORM 10-Q document submitted to the United States Securities and Exchange Commission (SEC) — since the company has an office in the state of Delaware — the Argentine-origin company, based in Uruguay, currently holds 570.4 BTC, compared to 412.7 recorded last year.