Brazilian Meliuz Invests Over $4 Million in Bitcoin Following Strategy’s Playbook
Meliuz founder and chairman Israel Salmen indicated that the company would use 10% of its cash flow to bitcoin in a bid to improve its profitability in the face of the Brazilian real’s loss of value and high inflation ra...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Louisiana state pension raises Strategy stake to $3.52 million
LASERS' increased stake in Strategy Inc. highlights the growing trend of institutional investors seeking indirect Bitcoin exposure...
How a16z-backed DATA is rethinking its blockchain strategy after $30 million Sui deal
The startup is retiring its own blockchain and moving to Sui with a $30 million investment as it narrows its focus to AI training...
Strategy spent record cash on STRC buybacks at its worst price yet
Michael Saylor’s BTC company Strategy told investors that its STRC share buybacks would “taper” as STRC neared $100 per share. How...
Strive Raises $630M in SATS Nasdaq Debut With 15% Dividend Tied to Bitcoin Strategy
Key Takeaways: Strive successfully closed an IPO of an upsized $630 million, in its perpetual preferred stock. SATS pays 1.5% comp...
Alpha Modus Reports $250 Million-Plus Bitcoin Holding From Share Swap
The Nasdaq-listed company exchanged 51.6 million shares and matching warrants for 3,170 BTC, expanding its asset base while diluti...
Coinbase’s Tokenized Stocks Are Seeing About $20 Million a Week, According to John D’Agostino
John D’Agostino said on Bits + Bips that Coinbase is seeing “roughly $20 million a week” in its tokenized stocks business, a numbe...