Brazilian listed company Meliuz proposes to expand its bitcoin reserve strategy
On April 15th, the Brazilian listed company Meliuz proposed to expand its bitcoin reserve strategy. The company plans to hold an extraordinary general meeting of shareholders on May 6, 2025 to propose amending the articles of association to include bitcoin investment in the corporate purpose. Once approved by shareholders, bitcoin will become the main strategic asset in Meliuz's corporate vault. The company said that while maintaining the existing core business unchanged, it will use the operating cash flow to continue to increase its bitcoin holdings.