In keeping with a current convention name, Méliuz Chairman Israel Salmen likened Bitcoin to a “nuclear reactor” after the corporate’s inventory noticed a sudden surge.
The fintech agency gained shareholder approval to change into Brazil’s first Bitcoin treasury firm. Shareholders backed the shift by a big margin.
Salmen mentioned the transfer marks a brand new path for Méliuz, one which ties the agency’s well being on to the efficiency of Bitcoin per share. It was a daring flip that has already caught the attention of traders at dwelling and overseas.
Picture: Shutterstock
Méliuz Builds Bitcoin Treasury
Based mostly on studies, Méliuz paid about $28.4 million final week to amass 274.52 BTC. These cash be part of an present stash of 45.78 BTC, bringing the overall to 320 BTC.
Salmen famous that the agency plans so as to add extra cash in an “accretive manner,” utilizing totally different monetary instruments. It’s not a hedge in opposition to market swings, he mentioned.
Bitcoin now sits on the coronary heart of the corporate’s balance sheet. Each new buy ought to add actual worth to every share.
“Bitcoin is sort of a nuclear reactor that has been put in in our stability sheet.” – Meliuz (CASH3BZ, mkt cap $160M), Brazil’s first Bitcoin treasury firm, Chairman Israel Salmen on the convention name pic.twitter.com/vpRw8z6Nbj
— matthew sigel, recovering CFA (@matthew_sigel) May 19, 2025
Inventory Rally Fuels Curiosity
In keeping with information shared by VanEck’s Matthew Sigel, Méliuz inventory jumped from R$3.00 in mid‑February 2025 to R$10.70 by mid‑Might.
Buying and selling quantity spiked in April, giving the rally contemporary muscle. That type of value transfer turns heads. Some merchants say it’s an indication that linking the inventory to Bitcoin might repay.
Others warn {that a} pullback in Bitcoin would hit Méliuz exhausting. Nonetheless, the inventory run has put the agency on the map.
Friends See Related Positive aspects
Based mostly on market studies, Semler Scientific’s inventory climbed 40% over a month, rising $12.53 to shut at $42.36 on Might 19.
The US‑listed agency mentioned it posted a 22% BTC yield yr‑to‑date as of Might 12, including 510 BTC and $52 million in greenback beneficial properties. And in a broader transfer, Technique noticed its share value rise 26% from $317 to $400 as of Might 19.
Picture: CPO Journal
Strategy stays the biggest company Bitcoin holder, controlling 576,230 BTC valued at roughly $59.57 billion. The corporate reported a acquire of 73,120 BTC yr‑to‑date, a 12% enhance, and 140,538 BTC beneficial properties in 2024, equal to 24% of its holdings or about $13 billion in paper revenue.
El Salvador’s Crypto Windfall
In keeping with social media updates from President Nayib Bukele, El Salvador’s nationwide Bitcoin fund now holds 6,181 BTC. The cash value $287.1 million when purchased, and their worth at this time tops $640 million.
Featured picture from Unsplash, chart from TradingView
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