The executive president of Méliuz said that his fintech company has become the Bitcoin Bitcoin Brazil’s first Brazil Bitcoin company after the shareholder approval, the company also announcing that it had bought $ 28.4 million in Bitcoin to add to its existing battery.
“Historic day! Our shareholders approved, by the vast majority, the transformation of Méliuz into the first Bitcoin cash company listed in Brazil,” said Israel Salmen on May 15.
Salmen said that the company had recovered 274.52 Bitcoin (BTC) for an average purchase price of $ 103,604, reaching a BTC yield of 600%.
Méliuz now holds 320.3 Bitcoin, worth more than $ 33 million, the last purchase adding to the first purchase of 45.73 bitcoin from the Brazilian company of 45.73.
In a press release on May 15, Méliuz said that it would accumulate bitcoin in “accredited” for shareholders using a range of financial instruments.
“Rather than simply allocating part of his money to Bitcoin as a coverage against inflation or the devaluation of the currency, the company has made it possible to act by maximizing the amount of bitcoin by action.”
According to Salmen, Méliuz is the first Bitcoin cash flow company in Latin America because Bitcoin’s planned investments are now part of its “commercial strategy”.
Bitcointareries.net data show that the Mercadolibre electronic commerce platform has more, with more than 570 bitcoin, worth $ 59.2 million, after its last purchase of 157.7 Bitcoin on March 31.
Méliuz was one of the most efficient stocks in Brazil
Méliuz (Cash3.SA) was one of the most efficient actions in Bolsa Balcão Brasil since the company announced its first Bitcoin purchase on March 6, increasing more than 117% since then, according to Google Finance Data.
Méliuz’s market capitalization is now 727.9 Brazilian reals, or more than $ 128 million.
In relation: “ Le Monde is trying to have bitcoin at the moment ” – Eric Trump
Fintech is well known for its cashback program and serves more than 30 million users across Brazil.
Review: The signs of danger for Bitcoin because the retail trade abandons it to institutions: Sky weekends
