US EditionMeliuz Becomes the Largest Bitcoin Treasury Company in Latam With Latest Purchase
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7 Articles
Méliuz reported on this Thursday (25), that BTG Pactual reached a participation of about 14.26% in the company's ordinary actions, in communication to the market. Microsoft is processed by authors using IA Bitcoin training books to progress with a decrease of global tension stimulating risk Fitch: Brazil's note can improve if tax stability is due/PIB The document, which mentions a BTG communication to the company, also notes that “part of this p…
Meliuz Becomes the Largest Bitcoin Treasury Company in Latam With Latest Purchase – Crypto News Bitcoin News
Meliuz, previously known for its cashback operations, has become the largest holder of bitcoin in Latam, surpassing Mercado Libre. Meliuz Chairman Israel Salmen stated that with the latest purchase, the company now holds nearly 600 BTC and aims to acquire more. Meliuz Blazes Past Mercado Libre to Become Largest Public Bitcoin Company in Latin America […]
Méliuz Becomes Top Bitcoin-Holding Public Firm in Latin America
The announcement came Monday after the company revealed a significant new crypto purchase. Following a recent stock offering, Méliuz acquired 275.43 BTC for $28.61 million. This brings its total Bitcoin holdings to 595.67 BTC, making it the region’s leading corporate investor in the asset. Global Ranking and Strategic Move Toward Crypto Adoption The company said it paid an average of $102,702.84 per coin for its latest acquisition. With this mov…
Brazilian Fintech Firm Becomes the Large Bitcoin Holder in LATAM
Méliuz, a Brazilian firm, became the largest corporate Bitcoin holder in Latin America after a $28.6 million purchase. The company bought BTC at the price of $103,864, so its investment has already grown. Still, there are growing concerns about the number of businesses that, like Méliuz, recently pivoted entirely to crypto acquisition. Despite the benefits, it’s a risky decision, and participating companies might not be able to stand the volatil…
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