Brazilian Company Méliuz Buys $28.4 Million Bitcoin With Shareholders' Overwhelming Approval, Becomes First Bitcoin Treasury Company

May 16 2025 bitcoin


Brazilian publicly listed company Méliuz has become the first Bitcoin treasury company in Brazil after acquiring $28.4 million worth of Bitcoin. The decision to adopt a Bitcoin treasury strategy was approved by the company's shareholders with an overwhelming majority. This move marks a notable development in Brazil's corporate adoption of cryptocurrency as a treasury asset. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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