Brazil’s Méliuz Buys $28.6M in Bitcoin, Becomes Top Public BTC Holder in Latin America

Brazilian Fintech Méluz (Cash3), which serves more than 30 million users in the country, has become the largest public business holder of Bitcoins in Latin America

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The company said on Monday obtained Another 275.43 BTC for $ 28.61 million A recent offer of sharesIncreasing their total shares to 595.67 BTC.

This hiding place, which was purchased at an average price of $ 102,702.84 per coin, will be placed Méluz 36. Worldwide among all these companies that have the largest cryptocurrency, the company said.

The company reported the yield of BTC 908%. The picture is a metric used to monitor its bitcoins on the share, which is commonly used among BTC betting companies, although companies can monitor the yield differently.

Méluz’s yield is remarkable and ranks among the largest among Bitcoin’s treasures, with Blockchain Group recently Decree Report 1 173% BTC. Strategy (Mstr), the largest bitcoin holder in the world, reported year -on -year yield 19.1%while metaplanet (3350) reported 266.07% and Semler Scientific (SMLR) 26.7%.

Méluz’s shares were recently 0.15% higher. It is almost 160%annually.