Brazilian Company Méliuz Buys $28.4 Million Bitcoin With Shareholders’ Overwhelming Approval, Becomes First Bitcoin Treasury Company

Brazilian Company Méliuz Buys .4 Million Bitcoin With Shareholders’ Overwhelming Approval, Becomes First Bitcoin Treasury Company

Brazilian publicly listed company Méliuz has become the first Bitcoin treasury company in Brazil after acquiring $28

Brazilian publicly listed company Méliuz has become the first Bitcoin treasury company in Brazil after acquiring $28.4 million worth of Bitcoin. The decision to adopt a Bitcoin treasury strategy was approved by the company’s shareholders with an overwhelming majority. This move marks a notable development in Brazil’s corporate adoption of cryptocurrency as a treasury asset.

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