"Brazilian Listed Company Meliuz to Increase Bitcoin Holdings"

Source
Son Min

Summary

  • Reuters reported that Meliuz is pushing to expand its Bitcoin holdings.
  • The company announced that it will propose an agenda to specify Bitcoin investment at the shareholders' meeting.
  • In March this year, Meliuz reported that it plans to invest up to 10% of its cash capital in Bitcoin.

The fintech company Meliuz, listed on the Brazilian stock exchange, is pushing to expand its Bitcoin (BTC) holdings.

According to Reuters on the 15th (local time), Meliuz announced in a securities filing that "a vote will be held at the shareholders' meeting on the agenda to increase Bitcoin holdings and to specify Bitcoin investment as a business purpose," stating that "the shareholder vote on this agenda will take place on May 6."

Previously, in March, Meliuz stated that "as part of its financial strategy, it plans to invest up to 10% of its cash capital in Bitcoin," having purchased 45.72 BTC.

As of 6:49 PM, Bitcoin is trading at $85,930, up 1.89% from 24 hours ago, based on the Binance USDT market.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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