According to a latest convention name, Méliuz Chairman Israel Salmen likened Bitcoin to a “nuclear reactor” after the corporate’s inventory noticed a sudden surge.
The fintech agency received shareholder approval to change into Brazil’s first Bitcoin treasury firm. Shareholders backed the shift by a big margin.
Salmen stated the transfer marks a brand new path for Méliuz, one which ties the agency’s well being on to the efficiency of Bitcoin per share. It was a daring flip that has already caught the attention of buyers at house and overseas.
Image: Shutterstock
Méliuz Builds Bitcoin Treasury
Based on stories, Méliuz paid about $28.4 million final week to amass 274.52 BTC. Those cash be a part of an current stash of 45.78 BTC, bringing the whole to 320 BTC.
Salmen famous that the agency plans so as to add extra cash in an “accretive way,” utilizing totally different monetary instruments. It’s not a hedge towards market swings, he stated.
Bitcoin now sits on the coronary heart of the corporate’s balance sheet. Every new buy ought to add actual worth to every share.
“Bitcoin is like a nuclear reactor that has been installed in our balance sheet.” – Meliuz (CASH3BZ, mkt cap $160M), Brazil’s first Bitcoin treasury firm, Chairman Israel Salmen on the convention name 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, Méliuz inventory jumped from R$3.00 in mid‑February 2025 to R$10.70 by mid‑May.
Trading quantity spiked in April, giving the rally recent muscle. That type of value transfer turns heads. Some merchants say it’s an indication that linking the inventory to Bitcoin may repay.
Others warn {that a} pullback in Bitcoin would hit Méliuz exhausting. Still, the inventory run has put the agency on the map.
Peers See Similar Gains
Based on market stories, Semler Scientific’s inventory climbed 40% over a month, rising $12.53 to shut at $42.36 on May 19.
The US‑listed agency stated it posted a 22% BTC yield 12 months‑to‑date as of May 12, including 510 BTC and $52 million in greenback features. And in a broader transfer, Strategy noticed its share value rise 26% from $317 to $400 as of May 19.
Image: CPO Magazine
Strategy stays the biggest company Bitcoin holder, controlling 576,230 BTC valued at roughly $59.57 billion. The firm reported a achieve of 73,120 BTC 12 months‑to‑date, a 12% enhance, and 140,538 BTC features in 2024, equal to 24% of its holdings or about $13 billion in paper revenue.
El Salvador’s Crypto Windfall
According to social media updates from President Nayib Bukele, El Salvador’s nationwide Bitcoin fund now holds 6,181 BTC. The cash value $287.1 million when purchased, and their worth as we speak tops $640 million.
Featured picture from Unsplash, chart from TradingView
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