Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13285
Markets: 101961
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13285
Cryptocurrencies
62.63%
Bitcoin Share
Bitcoinist 2025-05-17 04:00:50

Bitcoin Meets Brazil: Fintech Becomes Latin America’s 1st Bitcoin Treasury Giant

Bitcoin Meets Brazil: Fintech Becomes Latin America’s 1st Bitcoin Treasury Giant

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 $33 million today. Shareholders Give Green Light According to reports, on May 15 investors at a Méliuz meeting voted in favor of turning the company into a Bitcoin treasury corporation . A clear majority backed the plan. Israel Salmen, Méliuz’s executive chairman, confirmed the move on social media platform X. The firm says this strategy will be central to how it runs its finances from now on. Historic day! Our shareholders have approved, by a wide majority, the transformation of Méliuz into the first Bitcoin Treasury Company listed in Brazil. And today, we took another step forward:Acquired 274.52 BTC for US$ 28.4MAverage price: US$ 103,604Achieving a BTC Yield of… pic.twitter.com/y12JlKwW6N — Israel Salmen (@IsraelSalmen) May 15, 2025 Focus On Bitcoin Per Share Méliuz plans to boost its Bitcoin holdings through cash generation, smart corporate structures and selective use of financial tools. It already made its first purchase on March 6, 2025—45.73 BTC. Now every share carries a bit more crypto optionality. The company wants to grow its BTC per share number, seeing it as a way to manage inflation and the risks that come from swings in the Brazilian real. Balancing Rewards And Risks Bitcoin can jump or drop by 20–30% in weeks. That volatility will show up straight in Méliuz’s profit and loss. A price surge could lift the stock, but a sudden fall might scare off cautious investors. Méliuz says it will space out future buys to avoid big market moves. Still, the accounting rules around corporate crypto in Brazil are still taking shape. Any surprises there could shake things up. Peers Follow Suit With BTC This isn’t happening in a vacuum. DayDayCook, a US‑listed firm, snapped up 100 BTC and wants to hit 500 BTC in six months and 5,000 BTC in three years. In Bahrain, Abraaj Restaurants Group quietly added 5 BTC to its books. Even in the United States, there’s talk of creating a national Bitcoin reserve. Companies around the world seem to be treating Bitcoin not just as a trade, but as a core part of their financial playbook. In the months ahead, all eyes will be on how Méliuz weathers Bitcoin’s ups and downs. Will shareholders applaud a rising BTC per share? Or will they grow uneasy if the price slips? The answers could shape how other emerging‑market firms see crypto in their treasuries. Featured image from Unsplash, chart from TradingView

Most Read News

Moralis Money
Market Cap
24h Vol
62.63%
Bitcoin Share
248
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.