×

Brazil fintech Meliuz proposes expanding bitcoin reserves strategy

By Thomson Reuters Apr 14, 2025 | 7:30 PM

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)