Meliuz Implements New Treasury Strategy with Bitcoin Investments

Reported about 7 hours ago

Brazilian fintech Meliuz has introduced a new treasury strategy approved by its board, allowing the company to invest up to 10% of its cash in bitcoin, aiming for long-term returns. The firm has already acquired 45.72 bitcoins for approximately $4.1 million and may further explore expanding this strategy as part of its asset management plan.

Source: YAHOO

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