Brazil Embraces the Bitcoin Treasure: A New Era!

Méliuz—a prominent fintech firm in Brazil—has transformed into the country's first Bitcoin treasury company after a wide majority of shareholder approval. This marks a significant shift in their business strategy, focusing on maximizing Bitcoin holdings per share rather than just hedging against inflation. With the purchase of 274.52 Bitcoins at an average price of $103,604, Méliuz now boasts a total of 320.3 Bitcoin, valued at over $33 million. This move sets Méliuz apart as a Bitcoin leader in Latin America, stirring excitement in Brazil's financial landscape.