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.

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