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    Home»Bitcoin»Méliuz Buys $28.4M in Bitcoin, Now Holds 320 BTC – Bitbo
    Méliuz Buys .4M in Bitcoin, Now Holds 320 BTC – Bitbo
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    Méliuz Buys $28.4M in Bitcoin, Now Holds 320 BTC – Bitbo

    By Crypto EditorMay 17, 2025No Comments2 Mins Read
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    Méliuz Buys $28.4M in Bitcoin, Now Holds 320 BTC – Bitbo

    Key Takeaways

    • Méliuz purchased 274.5 BTC for $28.4M after shareholder approval.
    • Firm now holds 320.2 BTC, price over $33.3M.
    • Méliuz inventory has risen 116% since its first Bitcoin buy in March.

    Brazilian publicly listed fintech agency Méliuz has introduced the acquisition of 274.52 BTC, price roughly $28.4 million, as a part of its new Bitcoin treasury technique.

    Shareholder approval and strategic shift

    The acquisition follows sturdy shareholder approval to formally convert Méliuz into the primary Bitcoin treasury firm listed on Brazil’s inventory change.

    Chairman Israel Salmen stated on X:

    Our shareholders have authorized, by a large majority, the transformation of Méliuz into the primary Bitcoin Treasury Firm listed in Brazil.

    Historic day! Our shareholders have authorized, by a large majority, the transformation of Méliuz into the primary Bitcoin Treasury Firm listed in Brazil.

    And at the moment, we took one other step ahead:
    Acquired 274.52 BTC for US$ 28.4M
    Common value: US$ 103,604
    Reaching a BTC Yield of… pic.twitter.com/y12JlKwW6N

    — Israel Salmen (@IsraelSalmen) Could 15, 2025

    Present holdings and valuation

    The corporate acquired the bitcoin at a median value of $103,604 per coin. With this newest purchase, Méliuz now holds a complete of 320.2 BTC, at present valued at greater than $33.3 million.

    Future targets and market impression

    In line with its press launch, Méliuz’s objective is to steadily enhance its bitcoin holdings utilizing inside money circulation and capital market instruments to learn shareholders.

    Inventory efficiency and market developments

    Since Méliuz’s first Bitcoin buy on March 6, its inventory has surged 116%, rising from $0.68 to $1.47, per Google Finance.

    The transfer mirrors features seen by different early Bitcoin treasury corporations like Technique and Metaplanet.

    International affect

    The pattern isn’t restricted to Brazil. On the identical day, New York-based DayDayCook (DDC Enterprise Restricted) disclosed an preliminary 100 BTC buy and a plan to scale as much as 5,000 BTC over the following three years.

    Bitbo Dashboard → / Authentic Article

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