According to a recent conference call, Méliuz chairman Israel Salmen was similar to Bitcoin with a “nuclear reactor” after the company’s share saw a sudden increase.
The fintech company won the shareholder’s approval to become Brasil’s first Bitcoin Treasury Company. Shareholders supported the shift by a large margin.
Salmen said the move marks a new road for Méliuz, one that binds the company’s health directly to the execution of Bitcoin per share. It was a bold turn that has already captured the investors’ eye at home and abroad.
Image: Shutterstock
Méliuz builds bitcoin treasure chamber
Based on reports, Méliuz Paid approximately $ 28.4 million last week to acquire 274.52 BTC. These coins join an existing stash of 45.78 BTC, which gives a total of 320 BTC.
The Salmen noted that the company is planning to add more coins in an “accurate way”, with different financial tools. It’s not a hedge against market swings, he said.
Bitcoin is now sitting in the heart of the company’s balance sheet. Each new purchase should provide fair value to each share.
“Bitcoin is like a nuclear reactor installed in our balance sheet.” – Meliuz (Cash3bz, Mkt Cap $ 160 million), Brazil’s first bitcoin Treasury Company, chairman Israel Salmen on the conference call pic.twitter.com/vprw8z6nbj
– Matthew Sigel, Recovering CFA (@matthew_sigel) May 19, 2025
Stock rally fuels interest
According to information shared by Vaneck’s Matthew Sigel, the Méliuz share jumped from R $ 3.00 in mid -February 2025 to R $ 10.70 in mid -May.
Trade volume nailed in April and gave rally fresh muscle. That kind of price movement turns the head. Some traders say it is a sign that the connection of the share to Bitcoin can pay off.
Others warn that a backback in Bitcoin would hit Méliuz hard. The stock run has still put the company on the map.
Comrades see similar gains
Based on market reports, Semler Scientific’s share climbed 40% for one month and increased $ 12.53 to close at $ 42.36 on May 19.
The US -listed company said it published a 22% BTC return year to date from May 12 and adds $ 510 BTC and $ 52 million in dollar profits. And in a broader move, the strategy saw its share price raise 26% from $ 317 to $ 400 from May 19.
Image: CPO Magazine
Strategy remains the largest company’s bitcoin holder and controls 576,230 BTC valued at approximately $ 59.57 billion. The company reported a profit of 73,120 BTC anniversary, an increase of 12% and 140,538 BTC winnings in 2024, equal to 24% of its holding or about $ 13 billion in paper results.
Crypors Crypt ‘
According to updates to social media from President Nayib Bukele, El Salvador’s National Bitcoin Fund now has 6 181 BTC. Coins cost $ 287.1 million when purchased, and their value today tops $ 640 million.
Image from Unsplash, charts from TradingView
Editorial process For Bitcoinist is centered on delivering thoroughly investigated, correct and impartial content. We maintain strict purchasing standards, and each page undergoes frequent review of our team of top technological experts and experienced editors. This process ensures integrity, relevance and value of our content for our readers.
