Brazilian Company Méliuz Buys $28.4 Million Bitcoin With Shareholders’ Overwhelming Approval, Becomes First Bitcoin Treasury Company

Brazilian publicly listed company Méliuz has become the first Bitcoin treasury company in Brazil after acquiring $28.4 million worth of Bitcoin. The decision to adopt a Bitcoin treasury strategy was approved by the company’s shareholders with an overwhelming majority. This move marks a notable development in Brazil’s corporate adoption of cryptocurrency as a treasury asset. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant