Brazilian listed company Meliuz proposes to expand its Bitcoin reserve strategy
The Brazilian listed company Meliuz proposes to expand its Bitcoin reserve strategy. The company plans to hold a special shareholders' meeting on May 6, 2025, proposing to amend the company's articles of association and include Bitcoin investment in the corporate purpose. Once approved by shareholders, Bitcoin will become the main strategic asset of Meliuz's treasury. The company stated that while maintaining its existing core business unchanged, it will use operating cash flow to continuously increase holdings in Bitcoin.
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