Méliuz (CASH3), a major Brazilian fintech firm serving over 30 million users, has officially become the largest publicly traded corporate holder of Bitcoin in Latin America.
The announcement came Monday after the company revealed a significant new crypto purchase.
Following a recent stock offering, Méliuz acquired 275.43 BTC for $28.61 million. This brings its total Bitcoin holdings to 595.67 BTC, making it the region’s leading corporate investor in the asset.
Global Ranking and Strategic Move Toward Crypto Adoption
The company said it paid an average of $102,702.84 per coin for its latest acquisition. With this move, Méliuz now ranks 36th globally among publicly listed companies by total Bitcoin holdings.
The purchase underscores the firm’s increasing commitment to digital assets as part of its long-term treasury and growth strategy. As Bitcoin adoption rises in the region, Méliuz appears to be positioning itself as a crypto-forward leader among Latin American tech firms.
Kosta Gushterov
Reporter at Coindoo
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Source: https://coindoo.com/meliuz-becomes-top-bitcoin-holding-public-firm-in-latin-america/