Brazilian Meliuz invests over 4,000,000 USD in Bitcoin following strategy’s playbook

Meliuz has committed over 4,000,000 USD to Bitcoin to boost profitability, allocating 10% of its cash flow for this purpose amid inflation and devaluation of the Brazilian real.

Following this announcement, Meliuz’s stock saw a 15% increase. However, some analysts raised concerns regarding the alignment of this investment strategy with the company’s operational goals.

Despite cryptocurrency volatility, Meliuz emphasizes a long-term investment approach, assuring that the 10% cash flow commitment will not disrupt regular business operations.

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