Brazil’s first public Bitcoin treasury company, Méliuz, has acquired $28.4 million worth of BTC, marking a significant shift in corporate treasury strategy in Latin America.
Chairman Israel Salmen praised the decision, positioning Méliuz at the forefront of financial innovation in the region.
Méliuz purchased 274.52 BTC for $28.4 million, with an average price of $103,604 per coin, following a 600% BTC yield strategy.
With this acquisition, Méliuz now holds a total of 320.2 BTC at an average purchase price of $101,703.80, joining firms globally in adopting digital assets as a strategic reserve asset.