• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Méliuz SA Buys $28.61 Million in Bitcoin

user avatar

by Giorgi Kostiuk

6 hours ago


Méliuz SA, a fintech operator from Brazil, announced the acquisition of 275.43 Bitcoin for $28.61 million. This purchase highlights growing interest in digital assets and strengthens the company's position as a key Bitcoin holder in Latin America.

Méliuz's Bitcoin Acquisition

Méliuz SA has completed a transaction to acquire 275.43 Bitcoin at a cost of $28.61 million. This investment was funded through a recent share offering. The company's CEO, Israel Salmen, stated that this move reflects the firm's strategy for diversification and shareholder value creation. Their overall Bitcoin holdings now stand at 595.67 BTC.

Economic Impact and Market Expectations

This action could influence investor perceptions and encourage other fintech firms to consider digital asset acquisitions. Observers note that Bitcoin is a central part of Méliuz's strategy, while the company does not plan to expand into altcoins. This indicates the company's ambition to strengthen its position in the cryptocurrency ecosystem.

Response to Global Cryptocurrency Trends

Méliuz's decision aligns with global trends in corporate cryptocurrency adoption, similar to strategies followed by companies like MicroStrategy and Tesla. Although there was no immediate response from Brazil's CVM following this acquisition, it further cements Méliuz's status as a key player in the fintech and cryptocurrency sectors.

Méliuz SA's Bitcoin acquisition underscores the growing interest in digital assets at the corporate level and may foster further development of the cryptocurrency market in Latin America.

0

Share

Other news

Cointelegraph and CoinMarketCap Cyberattacks Raise Security Concerns

Cyberattacks on Cointelegraph and CoinMarketCap highlight risks to user data and financial assets.

user avatarGiorgi Kostiuk

2 minutes ago

Veteran Traders Explore New Opportunities in the Crypto Market

Traders focused on Bitcoin and XRP are exploring emerging projects like MAGACOIN FINANCE and Kaspa for potential growth.

user avatarGiorgi Kostiuk

4 minutes ago

Investigation Reveals $4 Million Scam by DayTwo Nieves Impacting Coinbase Users

Uncovering a $4 million scam targeting Coinbase users through phishing methods managed by Christian 'DayTwo' Nieves.

user avatarGiorgi Kostiuk

4 minutes ago

Ex-Coral Capital Executives Launch $100 Million BNB Investment Initiative

Former Coral Capital executives announce a venture project aimed at investing in Binance Coin, raising $100 million via Build & Build Corp.

user avatarGiorgi Kostiuk

15 minutes ago

Ceasefire Agreement Between Israel and Iran: Details and Consequences

U.S. President Donald Trump announced a ceasefire agreement between Israel and Iran to take effect within 6 hours.

user avatarGiorgi Kostiuk

15 minutes ago

Cryptocurrency Trends: Dogecoin, DOT, and Tether on the Market

Analysis of current trends among cryptocurrencies, including Dogecoin, Polkadot, and Tether, and discussions of their market impact.

user avatarGiorgi Kostiuk

18 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.