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Brazil’s First Public Bitcoin Treasury Company Acquires $28.4M in BTC

  • 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.

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