Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»BITCOIN NEWS»Brazil, which is openly traded, adopts Bitcoin financial strategy.
BITCOIN NEWS

Brazil, which is openly traded, adopts Bitcoin financial strategy.

By Crypto FlexsMarch 6, 20252 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Brazil, which is openly traded, adopts Bitcoin financial strategy.
Share
Facebook Twitter LinkedIn Pinterest Email

Méliuz, a Brazilian Fintech company, has become the first public trading company to adopt a Bitcoin Treasury strategy by assigning 10%of cash reserves to Bitcoin on Thursday.

Méliuz has invested $ 4.1 million to acquire an average of $ 90,926 per coin to acquire 45.72 Bitcoin. This purchase represents about 10%of the company’s total cash retention based on the new policies approved by the board of directors.

In the statement, Méliuz said Bitcoin allocation pursues “long -term profits” for investments as part of financial management. The company also established the Bitcoin Strategy Committee, which studied strategic expansion and made Bitcoin a primary financial asset.

Salmen, chairman of Méliuz, said that the movement to Bitcoin to the local media provides a “intelligent alternative” with cash reserves. “We see Bitcoin as a store of long -term values,” he said.

With $ 4.1 million, Méliuz is the first Brazilian company with Bitcoin in the balance table. This strategy reflects people adopted by a US company such as MicroStrategy, which has more than $ 46 billion in bitcoin.

Méliuz provides cashback and financial services to more than 30 million users in Brazil. However, the stock price plummeted from $ 6 billion in 2021 to $ 220 million.

Salmen said Méliuz shares seem to be “not related” in the public market due to the negligible trading volume. He hopes that pioneering bitcoin movements will renew the investor’s attention.

Brazil’s Bitcoin and encryption divisions have rapidly expanded to more than $ 200 billion last year. Méliuz says that the Bitcoin Treasury allocation will be higher than the 13.75%benchmark interest rate in Brazil.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Cardano is 4% away, saying that Hoskinson will break the Internet.

September 21, 2025

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Expect what XRP ETF is approved by the SEC

September 9, 2025
Add A Comment

Comments are closed.

Recent Posts

Is Etherrium the price of more than $ 4,000 in 2,589 ETH 24 hours?

September 27, 2025

YouTube Star MR BEAST Scoops 3 Days Purchase SPREE ASTER in SPREE

September 27, 2025

Linea Price Spikes 14% as Swift selects Linea for the pilot

September 27, 2025

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Is Etherrium the price of more than $ 4,000 in 2,589 ETH 24 hours?

September 27, 2025

YouTube Star MR BEAST Scoops 3 Days Purchase SPREE ASTER in SPREE

September 27, 2025

Linea Price Spikes 14% as Swift selects Linea for the pilot

September 27, 2025
Most Popular

Fidelity, Grayscale file Form 8-A to show progress on spot Bitcoin ETF application.

January 4, 2024

The U.S. Treasury Department says NFTs are vulnerable to fraud and fraud and recommends rules and guidance to provide clarity.

May 30, 2024

Top Trader Says Dogecoin Is ‘Turbo Bullish’, Predicts Solana-Based Memecoin’s Future Rally

September 30, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.