The Executive President of Méliuz says that his firm Fintech has become the first Bitcoin Treasury company in Brazil after the approval of the shareholders, and the firm also announced that it was seen in Bitcoin.
“Historical day! Our shareholders have approved, by a large majority, the transformation of Méliuz into the first Bitcoin Treasury company that appears in Brazil,” Israel Salmen published on X on May 15.
Salmen said the company collected 274.52 Bitcoin (BTC) for an average purchase price of $ 103,604, achieving a BTC or 600%yield.
Méliuz now has 320.3 Bitcoin, with a value of a little more than $ 33 million, and the last purchase adds to the first purchase of the Brazilian Fintech firm or 45.73 Bitcoin on March 6.
In a statement of May 15, Méliuz said that Bitcoin would accumulate an “acretative way” for shareholders to use a variety of financial instruments.
“Instead of just assigning part of your cash to Bitcoin as coverage against inflation or currency devaluation, the company has repositioned its purpose of acting by maximizing the amount of Bitcoin per action.”
According to Salmen, Méliuz is the first Bitcoin Treasury company in Latin America because Bitcoin planned investments are now part of their “commercial strategy.”
Bitcintrease.net data show that the MercadoLibre Electronic Commerce platform has more, with more than 570 bitcoin, with a value of $ 59.2 million, after its last purchase or 157.7 Bitcoin on March 31.
Méliuz has been one of Brazil’s actions in recent times
Méliuz (Cash3.SA) has been one of the best performance of the Brazil Balcão Stock Exchange since the company announced its first purchase of Bitcoin on March 6, increasing more than 117% from Google Finance data.
The market capitalization of Méliuz is now at 727.9 Real Brazilian, or more than $ 128 million.
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The Fintech firm is known for its reimbursement and services program of more than 30 million users in Brazil.
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