- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
A First in Brazil! Fintech Company Purchases Millions of Dollars Worth of Bitcoin! Here Are the Details
By: bitcoin sistemi|2025/05/16 19:00:12
0
Share
A First in Brazil! Fintech Company Purchases Millions of Dollars Worth of Bitcoin! Here Are the Details Brazilian fintech company Méliuz purchased 274.52 BTC for $28.4 million with shareholders' approval. Brazilian fintech firm Méliuz has become the first public company in Brazil to adopt a Bitcoin treasury strategy, purchasing 274.52 BTC for $28.4 million with shareholder approval. Brazil’s First Public Bitcoin Treasury Méliuz Buys 274.5 BTC as Institutional Crypto Adoption Grows The move marks a significant milestone in terms of institutional crypto adoption in Latin America, placing Méliuz alongside global pioneers like MicroStrategy and Metaplanet. “Our shareholders overwhelmingly approved Méliuz becoming the first publicly traded Bitcoin treasury company in Brazil,” Chairman Israel Salmen wrote in a post on X. The company purchased Bitcoin at an average price of $103,604 and currently owns 320.2 BTC, currently valued at over $33.3 million. This strategy reflects Méliuz’s intention to increase his long-term exposure to Bitcoin using cash flow and capital markets instruments. “The core mission of a Bitcoin treasury company is to accumulate Bitcoin in a way that generates value for shareholders,” the company said in a press release, emphasizing its commitment to building a long-term digital asset strategy. Méliuz’s stock price has risen 116% since its first Bitcoin purchase on March 6, from $0.68 to $1.47, according to Google Finance data. The increase mirrors the performance of other early adopters of Bitcoin treasuries, such as Strategy (formerly MicroStrategy) and Metaplanet. Méliuz’s statement comes amid a wave of crypto hoarding by companies. On the same day, New York-based DDC Enterprise Limited (DayDayCook) announced a Bitcoin treasury strategy that includes buying 100 BTC immediately and aiming to reach 5,000 BTC over the next 36 months. As traditional finance continues to explore digital assets, companies are increasingly looking beyond Bitcoin. Some, including U.S. blockchain firm BTCS, have added Ethereum and Solana to their balance sheets, signaling a broader shift in treasury diversification. As regulations clear up in many countries and institutional trust increases, Méliuz’s move to accumulate Bitcoin signals a deepening trend, with Bitcoin becoming an institutional reserve asset not just in the U.S. but also in emerging markets. *This is not investment advice.
You may also like
In a World of Disruption, How Can Humanities Workers Better Use AI?
This AI in Practice experience is not about teaching you a few magical keywords to memorize; it's more like a methodology.
Anthropic Open Letter: The Hypocritical Sam Altman, PUA Master
OpenAI's extensive PR rhetoric with the Department of War on these issues is either lying or deliberately creating confusion. These facts reveal a pattern of behavior, a pattern I have seen many times in Sam Altman, and I hope everyone can recognize it
On the same day that Kraken's Fedmaster Account was approved, the banking lobbying group immediately launched a counterattack.
Banking Lobby Group Slams Kraken's Approval for "Limited Purpose" Fed Master Account.
Bitwise: This weekend's attack accelerated the on-chain migration of the financial world
The never-ending market has become a global obsession.
Market Downturn: Which Assets Are Worth Watching?
"Whether it can bring benefits to the holder" is one of the key reference indicators.
The real opportunity of stablecoins is not to kill Visa
In the new merchant ecosystem born in the AI era, stablecoins will become the first widely adopted payment infrastructure.
Trump's AI Farce: Insult if You Don't Pay
Dario's all-hands email is full of ad hominem attacks
US & Canada Crypto Tax Season 2026: Official Tax Reporting Support from WEEX × KoinX
Prepare for US & Canada crypto tax season 2026. Learn how to export your WEEX transaction history and access official reporting support through our partnership with KoinX.
Conversation between Tom Lee and "The Big Short" Author: AI has detected bubble signal, crypto correction due to gold liquidity being "siphoned off"
A real bubble occurs when everyone is absolutely certain that "this is definitely not a bubble."
The true reason for Claude's ban, Kraken accessing the Federal Reserve payment system, What is the English community paying attention to?
What Was Trending in the Last 24 Hours?
「Buying the Dip」 of 400,000 BTC: Is $74,000 a Rebound or a Reversal?
BTC price hits a new monthly high.
OpenClaw, Another Batch of Middle Class Jobless
Time will not wait for anyone.
Morning News | Backpack will launch on-chain IPO subscription service; Predict.fun strategically acquires on-chain prediction platform Probable; SoFi partners with Mastercard for strategic cooperation
March 4 Market Important Events Overview
Inventorying the Washington power in the crypto space, who is speaking out for U.S. crypto legislation?
From ideology to ecological initiatives, the lobbying power of American cryptocurrency is undergoing a comprehensive evolution, ushering in a new era of specialized and refined policy games.
650 million dollars, 1.5 billion dollars, 2 billion dollars, the crypto VC landscape has changed!
Homogenized industries are ultimately fragile; only when different species can emerge does the market truly come alive.
Why prediction markets are the largest untapped collateral pool in DeFi
From "gambling" to "financable assets": prediction markets are becoming the next hundred billion collateral pool in DeFi, opening new frontiers of capital efficiency.
500% XAUT Staking, Zero-Fee Gold Futures and $100K Rewards: Why Traders Are Turning to WEEX for Tokenized Gold
Explore WEEX's $100,000+ gold campaign featuring 500% XAUT staking, zero-fee gold contracts, and $30,000 PAXG rewards. Trade tokenized gold today.
AI within artillery range
“The cloud” is a metaphor, but the data center isn’t.
In a World of Disruption, How Can Humanities Workers Better Use AI?
This AI in Practice experience is not about teaching you a few magical keywords to memorize; it's more like a methodology.
Anthropic Open Letter: The Hypocritical Sam Altman, PUA Master
OpenAI's extensive PR rhetoric with the Department of War on these issues is either lying or deliberately creating confusion. These facts reveal a pattern of behavior, a pattern I have seen many times in Sam Altman, and I hope everyone can recognize it
On the same day that Kraken's Fedmaster Account was approved, the banking lobbying group immediately launched a counterattack.
Banking Lobby Group Slams Kraken's Approval for "Limited Purpose" Fed Master Account.
Bitwise: This weekend's attack accelerated the on-chain migration of the financial world
The never-ending market has become a global obsession.
Market Downturn: Which Assets Are Worth Watching?
"Whether it can bring benefits to the holder" is one of the key reference indicators.
The real opportunity of stablecoins is not to kill Visa
In the new merchant ecosystem born in the AI era, stablecoins will become the first widely adopted payment infrastructure.
App