Méliuz becomes Brazil’s first publicly listed firm to adopt Bitcoin treasury model

By: bitcoin ethereum news|2025/05/16 14:45:04
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Brazilian fintech company Méliuz has become the first publicly traded firm in Brazil and Latin America to adopt Bitcoin as a treasury asset following shareholder approval. In a statement issued on May 15, the cashback-focused firm, which serves over 30 million users, said it had officially changed its corporate purpose to include Bitcoin investments as part of its business strategy. The move was greenlit by a wide majority at an extraordinary general meeting earlier in the day. As part of the shift, Méliuz acquired 274.52 Bitcoin for approximately $28.4 million at an average price of $103,604. The latest haul builds on its first Bitcoin purchase of 45.73 BTC in March this year, bringing the firm’s total holdings to 320.25 BTC, valued at over $33 million based on current prices. “A Bitcoin Treasury Company’s main mission is to accumulate Bitcoin in an accretive way for shareholders, using its cash generation and corporate and capital market structures to increase exposure to the asset over time,” Méliuz wrote. Instead of treating Bitcoin as a mere hedge, Méliuz has repositioned its mission to maximise “the amount of Bitcoin per share,” aligning its capital strategy around long-term BTC exposure. Calling it a “historic day,” Méliuz executive chairman Israel Salmen said the firm had officially become the “first Bitcoin Treasury Company listed in Brazil.” He added that the firm’s BTC holdings now carry a yield of 600% when factoring in its March 6 purchase. Since its initial Bitcoin buy on March 6, Méliuz (CASH3.SA) has seen its stock price soar over 117%, making it one of the best-performing stocks on the Brasil Bolsa Balcão. Méliuz has joined a growing list of public companies around the world pivoting to Bitcoin-centric balance sheets, many following in the footsteps of Michael Saylor-led Strategy, which pioneered the treasury strategy in 2020. Earlier this week, Bahrain’s Al Abraaj Group became the first listed company in the Middle East to adopt Bitcoin as a treasury asset. It kicked off with a modest 5 BTC purchase and says more is coming as part of a long-term shift backed by 10X Capital. According to Al Abraaj, the initiative is part of a “forward-looking approach” to unlock Bitcoin exposure for regional investors. In the U.S., David Bailey’s Bitcoin-native holding company, Nakamoto, recently went public via a merger with KindlyMD, raising $710 million to launch what he described as a “Bitcoin conglomerate.” Source: https://crypto.news/meliuz-becomes-brazils-first-publicly-listed-firm-to-adopt-bitcoin-treasury-model/

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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