Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Summer slowdown has already started? – Bitrss

    May 30, 2025

    George RR Martin says it will never end in the Game of Thrones series.

    May 30, 2025

    Taylor Swift buys Taylor Swift albums from First 6 albums, and shares a new album on the “reputation” album in a message

    May 30, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Summer slowdown has already started? – Bitrss
    • George RR Martin says it will never end in the Game of Thrones series.
    • Taylor Swift buys Taylor Swift albums from First 6 albums, and shares a new album on the “reputation” album in a message
    • Trump clicks on a former right -wing podcast of Paul Innosia for the participation of a major surveillance body
    • The White House is an investigation of how to penetrate the Trump president’s phone
    • A new study found that the prohibition of fluoride at the country level would increase children’s cavities in millions
    • Biden remembers the first public notes since the diagnosis
    • Good code
    Facebook Instagram
    TenznewsTenznews
    • Home
    • News
      • Ai News
      • Crypto News
      • USA News
      • World
    • Tech Info
    • New Items
    • Tips & tricks
    • Science
    • Online Earning
    TenznewsTenznews
    Home»News»Crypto News»Brazil’s Fintech makes date, shoots $ 28 million for BTC Reserve
    Crypto News

    Brazil’s Fintech makes date, shoots $ 28 million for BTC Reserve

    TenznewsBy TenznewsMay 17, 2025No Comments3 Mins Read
    Brazil’s Fintech makes date, shoots $ 28 million for BTC Reserve
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Trusted editorial The content, which was reviewed by leading industry experts and experienced editors. AD disclosure

    Brazil Millions I took a bold step by adding Bitcoin to the corporate cabinet. Fintech, the first in the country, spent $ 28.4 million to buy 274.52 BTC at an average price of 103,604 dollars each. Now, its total hidden in 320 BTC, at a value of more than $ 33 million today.

    The shareholders give the green light

    According to the reports, on May 15, investors voted at the Méliuz meeting in favor of converting the company into a Bitcoin Ministry of Treasury. A clear majority supported the plan. Israel Salman, CEO of Méliuz, confirmed the move on the social media platform X.

    The company says this strategy will be essential in how it is funding from now on.

    Historical Day! Our shareholders agreed, by a wide majority, Méliuz turned into the first company of the Bitcoin Ministry listed in Brazil.

    Today, we took another step forward:
    I got 274.52 BTC for $ 28.4 million
    Average price: 103,604 USD
    Achieving BTC’s return from … pic.twitter.com/y12jlkww6n

    Israel is a hymn (Israelsalmen) May 15, 2025

    Focus on bitcoin for one stock

    Méliuz plans to reinforce it Bitcoin Properties by generating money, smart companies structures and selective use of financial tools. It has already carried out a purchase on March 6, 2025-45.73 BTC.

    Now every arrow carries a little more than the encryption options. The company wants to develop a BTC number per share, and I saw it as a means of managing inflation and risks that come from the fluctuations in the real Brazilian.

    BTC is currently trading at 103,632 dollars. table: Tradingvief

    Balance of rewards and risks

    Bitcoin can jump or decrease 20-30 % in weeks. This volatility will appear directly in Méliuz’s profit and losses. High prices may raise shares, but sudden falls may frighten cautious investors.

    Méliuz says it will penetrate future purchases to avoid the movements of the large market. However, the rules of accounting about the encryption of companies in Brazil are still formed. Any surprises there can shake things.

    A scenic view of Brazil. Image: BHTP

    Poilizers follow his example with BTC

    This does not happen in a vacuum. Daydaycook, a company listed in the United States, has provided 100 BTC and wants to reach 500 BTC in six months and 5000 BTC in three years. In Bahrain, the ABRAAJ Restaurant Group quietly added 5 BTC to its books.

    Even in the United States, there is a talk about the establishment of a national bitcoin reserve. It seems that companies all over the world treat Bitcoin not only as trade, but as an essential part of the financial play book.

    In the coming months, all attention will be on how Méliuz Weathers will rise up and down. Do shareholders revive the BTC’s height per share? Or will it grow if the price slipped?

    Answers can be how other emerging sales companies see encryption in treasury bonds.

    Distinctive image from Unsplash, tradingvief chart

    Editing process For Bitcoinist, it is focused on providing accurate, accurate and non -biased content. We support strict resource standards, and each page is subject to a diligent review by our team of senior technology experts and experienced editors. This process guarantees the integrity of our content, importance and value of our readers.

    Brazils BTC date Fintech million Reserve shoots
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Tenznews
    • Website

    Tenz News is your trusted source for the latest in global headlines, technology, business, and innovation. Our editorial team is dedicated to delivering fast, factual, and engaging news stories that keep you informed and ahead of the curve. Whether it's breaking developments or deep-dive analysis, we bring you the news that matters — when it matters most.

    Related Posts

    Summer slowdown has already started? – Bitrss

    May 30, 2025

    Good code

    May 30, 2025

    Bitcoin (BTC) benefits from the bills, altcoins punish the optimistic

    May 30, 2025
    Leave A Reply Cancel Reply

    Stay In Touch
    • Facebook
    • Instagram
    Don't Miss
    Crypto News

    Summer slowdown has already started? – Bitrss

    By TenznewsMay 30, 20250

    Delay Best newsOnly from the major foundations Blockchainand Bitcoinand altcoins And different credit Sources of…

    George RR Martin says it will never end in the Game of Thrones series.

    May 30, 2025

    Taylor Swift buys Taylor Swift albums from First 6 albums, and shares a new album on the “reputation” album in a message

    May 30, 2025

    Trump clicks on a former right -wing podcast of Paul Innosia for the participation of a major surveillance body

    May 30, 2025

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Facebook Instagram
    • About Us
    • Disclaimer
    • Privacy Policy
    © 2025 All rights reserved by Tenznews.

    Type above and press Enter to search. Press Esc to cancel.