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Méliuz Becomes Top Bitcoin-Holding Public Firm in Latin America

Méliuz Becomes Top Bitcoin-Holding Public Firm in Latin America

Méliuz (CASH3), a major Brazilian fintech firm serving over 30 million users, has officially become the largest publicly traded corporate holder of Bitcoin in Latin America.

The announcement came Monday after the company revealed a significant new crypto purchase.

Following a recent stock offering, Méliuz acquired 275.43 BTC for $28.61 million. This brings its total Bitcoin holdings to 595.67 BTC, making it the region’s leading corporate investor in the asset.

Global Ranking and Strategic Move Toward Crypto Adoption

The company said it paid an average of $102,702.84 per coin for its latest acquisition. With this move, Méliuz now ranks 36th globally among publicly listed companies by total Bitcoin holdings.

The purchase underscores the firm’s increasing commitment to digital assets as part of its long-term treasury and growth strategy. As Bitcoin adoption rises in the region, Méliuz appears to be positioning itself as a crypto-forward leader among Latin American tech firms.

Author
Kosta Gushterov

Reporter at Coindoo

Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.

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