Brazil fintech Meliuz proposes expanding bitcoin reserves strategy

04/15/2025 07:37

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.

Reuters

Tue, Apr 15, 2025, 9:30 AM

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)