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Today: April 26, 2025
Today: April 26, 2025

Brazil fintech Meliuz proposes expanding bitcoin reserves strategy

Illustration shows representations of cryptocurrency Bitcoin
April 14, 2025
Reuters - Reuters

SAO PAULO (Reuters) - Brazilian fintech Meliuz said on Monday it will propose expanding its bitcoin reserves strategy, aiming to make the cryptocurrency the main strategic asset in the firm's treasury.

In a securities filing, Meliuz said it will call a shareholder meeting for May 6 to vote on including bitcoin investments as one of the company's corporate purposes.

Meliuz had launched earlier this year its bitcoin strategy.

(Reporting by Andre Romani, Editing by Natalia Siniawski)

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