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Méliuz Makes Historic $28.4M Bitcoin Purchase

Méliuz Makes Historic $28.4M Bitcoin Purchase

Coinlive2025/05/16 23:55
By:Coinlive
Key Points:

  • Landmark Bitcoin purchase by Brazilian company Méliuz.
  • Shareholders approve Bitcoin acquisition strategy.
  • Méliuz’s stock soars due to Bitcoin strategy.
Méliuz Makes Historic $28.4M Bitcoin Purchase

Méliuz, a Brazilian fintech firm, acquired $28.4 million worth of Bitcoin on May 16, 2025, marking its status as Brazil’s first listed Bitcoin treasury company.

Méliuz’s strategic entry into Bitcoin positions it as a leader in corporate cryptocurrency investments, with significant market reactions signaling growing acceptance.

Founded by Israel Salmen, Méliuz has achieved shareholder approval for its Bitcoin-centric strategy. The firm purchased 274.52 BTC, totaling $28.4 million, at an average price of $103,604 per Bitcoin.

“Historic day! Our shareholders have approved, by a wide majority, the transformation of Méliuz into the first Bitcoin Treasury Company listed in Brazil. And today, we took another step forward: Acquired 274.52 BTC for US$ 28.4M Average price: US$ 103,604 Achieving a BTC Yield of…” — Israel Salmen, Chairman, Méliuz

Impact and Future Strategies

With the latest acquisition, Méliuz holds 320.2 BTC with plans for strategic future purchases to boost shareholder value. This move aligns with similar corporate Bitcoin adoption trends.

The financial implications include an increase in stock value, with shares rising significantly post-announcement. Bitcoin adoption by corporations could positively influence broader market sentiments.

Potential implications of Méliuz’s Bitcoin strategy could yield long-term financial gains amidst evolving regulations. Such moves parallel trends seen with companies like DayDayCook and Abraaj Restaurants Group adopting similar strategies.

Broader Ramifications

As more firms integrate Bitcoin, potential regulatory shifts and technological advancements in blockchain may also accelerate. Historical precedents like MicroStrategy’s Bitcoin focus highlight potential for corporate financial evolution.

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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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