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Executive chairman Méluz says his fintech company became the first publicly traded Bitcoin treasury after approval, and the company also announced that it had bought bitcoins worth $ 28.4 million to add to its existing magazine.
“Historical Day! Our shareholders approved a wide majority of the transformation of Méluzu to the first bitcoin treasury company listed in Brazil,” Israeli Salmen published to the X -15th May.
Salmen said that the company came out 274.52 bitcoins (BTC) for an average purchase price of $ 103,604, a revenue of BTC 600%.
Méluz now holds 320.3 bitcoins, worth just over $ 33 million, while the last purchase adds to the Brazilian company FINTECH First purchase of 45.73 bitcoins March 6.
In statement 15. May Méluz said He would accumulate bitcoins “increasing” for shareholders using a number of financial instruments.
“Rather than just allocate part of your cash bitcoin as a hedge against inflation or the devaluation of the currency, the company has moved its purpose to act by maximizing the amount of bitcoins per share.”
According to Salmen is Méluz First Bitcoin Treasury Company In Latin America, because the planned investment of bitcoins is now part of “business strategy”.
Bitcointreasuries.net data It shows that Mercadolibre electronic trading platform holds more, with more than 570 bitcoins, worth $ 59.2 million, after the last purchase of 157.7 bitcoins 31 March.
Méluz was one of the highest Brazilian reserves late
Méluz (Cash3.sa) was one of The best supplies on Brazilian bag Since the company announced its first purchase of Bitcoins on March 6, it has increased by more than 117%since Google Financing data.
Méluz’s market cap now finds 727.9 Brazilian real or more than $ 128 million.
Related: “The world is trying to accumulate bitcoins right now” – Eric Trump
FINTECH Company is for your Cashback program And it serves more than 30 million users throughout Brazil.
