According to a recent conference call, ISRAEL SALMEN, chairman of Méliuz, compared Bitcoin to a “reactor” after the company’s stock suddenly surged.
Fintech company has been approved for shareholders to become the first Bitcoin financial company in Brazil. Shareholders supported the change with great margins.
Salmen said that this movement is the new path of Méliuz. It was already a bold turn that caught the attention of investors at home and abroad.
Image: Shutterstock
Méliuz builds the Bitcoin Treasury.
Based on the report, Méliuz paid about $ 28.4 million last week and acquired 274.52 BTC. This coin joins the existing 45.78 BTC and imports it to a total of 320 BTC.
Salmen pointed out that the company plans to add more coins by using various financial tools using “Accetive method”. He said it was not a hedge to the market swing.
Bitcoin is now at the center of the company’s balance table. All new purchases must add real value to each state.
“Bitcoin is the same as the reactor installed in the balance table.” -Meliuz (Cash3bz, MKT CAP $ 160m), Brazil’s first pic.twitter.com/vprw8z6nbj
-Matthew Sigel, CFA Recovery (@matthew_sigel) May 19, 2025
Stock rally stimulates interest
According to data shared by Vaneck’s Matthew Sigel, Méliuz stocks soared from R $ 3.00 in mid -February 2025 to R $ 10.70 in mid -March.
In April, the volume of transactions increased and the rally was fresh muscles. That kind of price movement changes its head. Some merchants say that if you connect stocks to Bitcoin, you can pay money.
Others warn that Bitcoin’s fullback will hit Méliuz. Nevertheless, stock runs have a company on the map.
Colleagues also see similar profits
Based on the market report, Semler Scientific shares rose 40% over a month, up $ 12.53, to $ 42.36 on May 19.
The US listed company said that as of May 12, the 22% BTC returns were added to 22% BTC and $ 52 million in $ 52 million this year. And with a wider movement, we saw a 26% increase in stock prices from $ 317 to $ 400 as of May 19.
Image: CPO Magazine
The strategy remains the largest company Bitcoin Holder, which controls 576,230 BTC, which is up to $ 595.7 billion. In 2024, the company reported 73,120 BTC’s profit of 73,120 BTC, 12%, and 140,538 BTC profits.
Crypo’S Crypt ‘
According to NAYIB BUKELE’s social media update, El Salvador’s National Bitcoin Fund currently has 6,181 BTC. The coin cost $ 281 million when purchasing, and today’s value is $ 660 million.
Chart of TradingView, the main image of Unsplash
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