Brazil’s Méliuz Acquires $28.6M in Bitcoin, Becomes Largest Public BTC Holder in Latin America
Brazilian fintech giant Méliuz (BVMF: CASH3) has become the leading publicly traded bitcoin holder in Latin America after purchasing 275.43 BTC for $28.6 million, according to an announcement on Monday.
The company, which serves over 30 million users nationwide, now holds a total of 595.67 BTC, acquired at an average price of $102,702.84 per coin. This positions Méliuz as the 36th largest public holder of bitcoin globally, based on data from BitcoinTreasuries.
Following a successful stock offering earlier this year, Méliuz has actively integrated bitcoin into its corporate treasury strategy. The firm also reported a bitcoin yield of 908% — a metric that reflects BTC held per share and is commonly used to gauge treasury performance among crypto-forward companies. However, yield calculations can vary across firms.
Méliuz’s yield places it ahead of most corporate peers. For comparison, The Blockchain Group reported a 1,173% yield, while MicroStrategy (MSTR), the world’s largest corporate BTC holder, logged a 19.1% year-to-date return. Metaplanet (3350) reported a 266% yield, while Semler Scientific (SMLR) posted 26.7%.
CASH3 shares edged up 0.15% following the announcement and are up nearly 160% year to date, reflecting growing investor confidence in the firm’s bitcoin-aligned strategy.