{"id":27262,"date":"2025-05-17T04:31:31","date_gmt":"2025-05-17T04:31:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27262"},"modified":"2025-05-17T04:31:31","modified_gmt":"2025-05-17T04:31:31","slug":"bitcoin-meets-brazil-fintech-becomes-latin-americas-1st-bitcoin-treasury-giant","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27262","title":{"rendered":"Bitcoin Meets Brazil: Fintech Becomes Latin America\u2019s 1st Bitcoin Treasury Giant"},"content":{"rendered":"<div>\n<p><a href=\"https:\/\/www.bitdegree.org\/crypto\/news\/meliuz-becomes-latin-americas-first-bitcoin-treasury-powerhouse\" target=\"_blank\" rel=\"noopener nofollow\">Brazil\u2019s M\u00e9liuz<\/a> has taken a bold step by adding Bitcoin to its corporate treasury. The fintech firm, the first in the country, spent $28.4\u202fmillion to buy 274.52\u202fBTC at an average price of $103,604 each. Now, its total stash stands at 320\u202fBTC, worth more than $33\u202fmillion today.<\/p>\n<h2><strong>Shareholders Give Green Light<\/strong><\/h2>\n<p>According to reports, on May\u202f15 investors at a M\u00e9liuz meeting voted in favor of turning the company into a <a href=\"https:\/\/www.kucoin.com\/news\/flash\/m-liuz-becomes-brazil-s-first-bitcoin-treasury-company-with-28-4m-purchase\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin treasury corporation<\/a>. A clear majority backed the plan. Israel Salmen, M\u00e9liuz\u2019s executive chairman, confirmed the move on social media platform X.<\/p>\n<p>The firm says this strategy will be central to how it runs its finances from now on.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Historic day! Our shareholders have approved, by a wide majority, the transformation of M\u00e9liuz into the first Bitcoin Treasury Company listed in Brazil.<\/p>\n<p>And today, we took another step forward:<br \/>\nAcquired 274.52 BTC for US$ 28.4M<br \/>\nAverage price: US$ 103,604<br \/>\nAchieving a BTC Yield of\u2026 <a href=\"https:\/\/t.co\/y12JlKwW6N\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/y12JlKwW6N<\/a><\/p>\n<p>\u2014 Israel Salmen (@IsraelSalmen) <a href=\"https:\/\/twitter.com\/IsraelSalmen\/status\/1923134780214034680?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">May 15, 2025<\/a><\/p>\n<\/blockquote>\n<h2><strong>Focus On Bitcoin Per Share<\/strong><\/h2>\n<p>M\u00e9liuz plans to boost its <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin<\/a> holdings through cash generation, smart corporate structures and selective use of financial tools. It already made its first purchase on March\u202f6,\u202f2025\u201445.73\u202fBTC.<\/p>\n<p>Now every share carries a bit more crypto optionality. The company wants to grow its BTC per share number, seeing it as a way to manage inflation and the risks that come from swings in the Brazilian real.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/I7d58gIe\/\" width=\"1534\" height=\"884\"><br \/>\n<strong>Balancing Rewards And Risks<\/strong><\/p>\n<p>Bitcoin can jump or drop by 20\u201330% in weeks. That volatility will show up straight in M\u00e9liuz\u2019s profit and loss. A price surge could lift the stock, but a sudden fall might scare off cautious investors.<\/p>\n<p>M\u00e9liuz says it will space out future buys to avoid big market moves. Still, the accounting rules around corporate crypto in Brazil are still taking shape. Any surprises there could shake things up.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter size-full wp-image-478006\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/a_1fe609.png?resize=683%2C415\" alt=\"\" width=\"683\" height=\"415\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/a_1fe609.png?w=683 683w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/a_1fe609.png?w=640 640w\" sizes=\"auto, (max-width: 683px) 100vw, 683px\"><\/p>\n<p><strong>Peers Follow Suit With BTC<\/strong><\/p>\n<p>This isn\u2019t happening in a vacuum. DayDayCook, a US\u2011listed firm, snapped up 100\u202fBTC and wants to hit 500\u202fBTC in six months and 5,000\u202fBTC in three years. In Bahrain, Abraaj Restaurants Group quietly added 5\u202fBTC to its books.<\/p>\n<p>Even in the United States, there\u2019s talk of creating a national Bitcoin reserve. Companies around the world seem to be treating Bitcoin not just as a trade, but as a core part of their financial playbook.<\/p>\n<p>In the months ahead, all eyes will be on how M\u00e9liuz weathers Bitcoin\u2019s ups and downs. Will shareholders applaud a rising BTC per share? Or will they grow uneasy if the price slips?<\/p>\n<p>The answers could shape how other emerging\u2011market firms see crypto in their treasuries.<\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Brazil\u2019s M\u00e9liuz has taken a bold step by adding Bitcoin to its corporate treasury. The fintech firm, the first in the country, spent $28.4\u202fmillion to buy 274.52\u202fBTC at an average price of $103,604 each. Now, its total stash stands at 320\u202fBTC, worth more than $33\u202fmillion today. Shareholders Give Green Light According to reports, on May\u202f15 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27262","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27262"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27262\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}