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Méliuz becomes first publicly-traded Brazilian company to invest in Bitcoin, allocates 10% of cash reserves – TON BOT

Méliuz becomes first publicly-traded Brazilian company to invest in Bitcoin, allocates 10% of cash reserves

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Brazilian company Méliuz recently acquired 45.72 Bitcoin, equivalent to 10% of its cash holdings, for $4.1 million. This makes it the first publicly listed Brazilian firm to hold a significant Bitcoin position. The company sees Bitcoin as a long-term store of value and aims to build long-term value through this investment.

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