Brazilian fintech company Meliuz launches new strategy to increase its Bitcoin reserves
ChainCatcher reported that Brazilian fintech company Meliuz has launched a new strategy aimed at increasing its holdings of more than 600 bitcoins.
The company profits from market volatility or acquires more bitcoin at target prices by selling put options with predetermined strike prices.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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