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Brazil fintech gets approval to become a Bitcoin treasury company

by Ali

In a historic milestone for Latin America’s crypto landscape, Brazil fintech giant Méliuz has officially become Brazil’s first publicly traded Bitcoin treasury company following overwhelming shareholder approval. This bold move marks a strategic shift as Méliuz integrates Bitcoin deeply into its business model, aiming to maximize Bitcoin holdings per share rather than merely using it as a hedge.

Méliuz’s Bitcoin Accumulation Strategy

On May 15, 2025, Méliuz announced the purchase of 274.52 Bitcoin (BTC) at an average price of approximately $103,604 per BTC, adding roughly $28.4 million worth of Bitcoin to its existing holdings. This brings Méliuz’s total Bitcoin stash to 320.3 BTC, valued at over $33 million.

The Brazil fintech had initially entered the Bitcoin market on March 6, 2025, acquiring 45.73 BTC. Since then, the company’s Bitcoin yield has impressively reached 600%, reflecting strong market confidence and strategic timing.

Transforming Business Purposes Around Bitcoin

Israel Salmen, Méliuz’s Executive Chairman, shared on social media:

“Historic day! Our shareholders have approved, by a wide majority, the transformation of Méliuz into the first Bitcoin Treasury Company listed in Brazil.”

Unlike traditional companies that hold Bitcoin as a mere inflation hedge or currency devaluation safeguard, Méliuz has repositioned its core purpose to maximize Bitcoin holdings per share, signalling a long-term commitment to Bitcoin as a fundamental asset.

The company plans to continue accumulating Bitcoin in an “accretive way” for shareholders, utilizing various financial instruments to optimize its Bitcoin exposure.

Market Impact and Industry Context

  • Méliuz’s stock (CASH3.SA) has surged over 117% since its first Bitcoin purchase announcement in March, making it one of the best-performing stocks on the Brasil Bolsa Balcão.
  • The company’s market capitalization now exceeds 727.9 million Brazilian real (approximately $128 million).
  • Méliuz serves over 30 million users in Brazil, primarily through its popular cashback program, positioning it as a major fintech player.
  • While Méliuz leads as Brazil’s first Bitcoin treasury company, Latin America’s largest Bitcoin holder remains MercadoLibre, which holds over 570 BTC valued at $59.2 million.

What This Means for Pakistani Crypto Investors

Méliuz’s transformation highlights a growing trend of mainstream companies adopting Bitcoin as a core treasury asset, reflecting increasing institutional confidence in cryptocurrency. For Pakistani investors, this development underscores:

  • The potential benefits of integrating Bitcoin into corporate strategies beyond simple hedging.
  • The rising acceptance of Bitcoin in emerging markets and fintech sectors.
  • Opportunities to explore Bitcoin investments aligned with long-term growth and institutional adoption.

How Crypto.pk Can Help You

At Crypto.pk, we bring you the latest insights on global crypto trends and their implications for Pakistani investors:

  • Market Updates: Stay informed about institutional Bitcoin adoption worldwide.
  • Shariah-Compliant Guidance: Learn about ethical Bitcoin investment options.
  • Secure Trading Support: Get expert advice on buying, selling, and holding Bitcoin safely.

Ready to explore Bitcoin investment opportunities with confidence?

Visit Crypto.pk or contact our helpline today for personalized advice tailored to Pakistani investors.

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