Méliuz becomes first publicly-traded Brazilian company to invest in Bitcoin, allocates 10% of cash reserves

Méliuz, a publicly traded Brazilian company, has announced the acquisition of Bitcoin (BTC) equivalent to 10% of its cash holdings, local media reported on AMarch 6. The company purchased 45.72 BTC for $4.1 million at an average price of $90,296 per BTC. The purchase makes Méliuz the first publicly listed Brazilian firm to hold a significant […]