
Méliuz Expands Bitcoin Holdings to $28.6M, Leading in Latin American Public Market
The Brazilian fintech company Méliuz boosts its bitcoin portfolio, marking significant investment in cryptocurrency.
Key Takeaways
- Méliuz holds 595.67 BTC, establishing it as the largest publicly traded company holding bitcoin in Latin America.
- The fintech firm purchased an additional 275.43 BTC for $28.61 million.
- The recent investments yield a 908% return, signifying a substantial gain on their bitcoin holdings.
Brazilian fintech company Méliuz, serving over 30 million users, announced its status as Latin America’s leading publicly listed corporate bitcoin holder. Recently, the company disclosed it had acquired 275.43 BTC for $28.61 million, augmenting its total to 595.67 BTC. This purchase took place after a recent stock offering aimed at bolstering their bitcoin treasury.
The firm reported its bitcoin holdings at an average acquisition price of $102,702.84 per coin, positioning Méliuz 36th globally among corporations with significant bitcoin assets. Their reported 908% yield ranks them among the top bitcoin treasury companies. Other notable companies include The Blockchain Group with 1,173% yield and Strategy (MSTR), the largest bitcoin holder, with 19.1% year-to-date yield.