According to a recent conference call, Méliuz Chairman Israel Salmen likened Bitcoin to a “nuclear reactor” after the company’s stock saw a sudden surge.

The fintech firm won shareholder approval to become Brazil’s first Bitcoin treasury company. Shareholders backed the shift by a large margin.

Salmen said the move marks a new path for Méliuz, one that ties the firm’s health directly to the performance of Bitcoin per share. It was a bold turn that has already caught the eye of investors at home and abroad.

Image: Shutterstock

Méliuz Builds Bitcoin Treasury

Based on reports, Méliuz paid about $28.4 million last week to acquire 274.52 BTC. Those coins join an existing stash of 45.78 BTC, bringing the total to 320 BTC.

Salmen noted that the firm plans to add more coins in an “accretive way,” using different financial tools. It’s not a hedge against market swings, he said.

Bitcoin now sits at the heart of the company’s balance sheet. Every new purchase should add real value to each share.

“Bitcoin is like a nuclear reactor that has been installed in our balance sheet.” – Meliuz (CASH3BZ, mkt cap $160M), Brazil’s first Bitcoin treasury company, Chairman Israel Salmen on the conference call pic.twitter.com/vpRw8z6Nbj

— matthew sigel, recovering CFA (@matthew_sigel) May 19, 2025

Stock Rally Fuels Interest

According to data shar

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Author: Christian Encila

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