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Brazil’s Méliuz has taken a bold step by adding Bitcoin to its corporate treasury. The fintech firm, the first in the country, spent $28.4 million to buy 274.52 BTC at an average price of $103,604 each. Now, its total stash stands at 320 BTC, worth more than $33 million today.
Shareholders Give Green Light
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According to reports, on May 15 investors at a Méliuz meeting voted in favor of turning the company into a Bitcoin treasury corporation. A clear majority backed the plan. Israel Salmen, Méliuz’s executive chairman, confirmed the move on social media platform X.
The firm says this strategy will be central to how it runs its finances from now on.
Historic day!
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