According to a recent conference call, Chairman Méliuz’s Israel Salmen likened Bitcoin to a “nuclear reactor” after a sudden surge in the company’s stocks.
The Fintech company has won shareholder approval to become Brazil’s first Bitcoin finance company. Shareholders supported the shift with a large margin.
Salmen said the move marks a new pass for Méliuz. Méliuz directly links the health of a company to the performance of Bitcoin per share. It was already a bold turn that caught the eye of domestic and international investors.
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Méliuz builds Bitcoin Ministry of Finance
Based on the report, Méliuz paid about $28.4 million last week to acquire 274.52 BTC. These coins will join the existing stash of 45.78 BTC, totaling 320 BTC.
Salmen noted that the company plans to use a variety of financial tools to add more coins in a “additional way.” It’s not a hedge against market shaking, he said.
Bitcoin is currently at the heart of the company’s balance sheet. Every new purchase must add real value to each share.
“Bitcoin is like a nuclear reactor installed on the balance sheet.” – Meliuz (Cash3bz, Mkt Cap $160M), Brazil’s first Bitcoin finance company, conference call chairperson pic.twitter.com/vprw8z6nbj
– Matthew Sigel, CFA recovery (@matthew_sigel) May 19, 2025
Stock rally burns interest
According to data shared by Vaneck’s Matthew Sigel, Méliuz shares jumped to R$10.70 from mid-February 2025 to R$3.00.
Trade volumes skyrocketed in April, giving the Rally fresh muscle. Such price movements change your mind. Some traders say it is a sign that linking stocks to Bitcoin could pay off.
Others warn that pullbacks in Bitcoin will hit Melluse hard. Still, the stock execution put the company on the map.
Peers see similar benefits
Based on market reports, Semler Scientific shares rose 40% over the course of a month, reaching $12.53 on May 19th at $42.36.
The US-registered company said it had recorded a BTC yield of 22% per year as of May 12, adding 510 BTC and $52 million in profit. And with a wider move, the strategy had risen 26% from $317 to $400 as of May 19th.
Image: CPO Magazine
The strategy remains the largest Bitcoin holder, managing 576,230 BTC, which is around $59.57 billion. The company reported annual acquisition of 73,120 BTC per year in 2024, an increase of 12% and profit of 140,538 BTC.
Cripol’s Basement”
According to a social media update from President Nayib Bukele, El Salvador’s National Bitcoin Fund currently holds 6,181 BTC. The coins were $287.1 million when the coins were purchased, and today it is worth $640 million.
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