Brazilian fintech company Méliuz (Cash3) serves more than 30 million users in the country and has become the largest publicly listed company holder of Bitcoin in Latin America
BTC$101,661.12
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The company said Monday it added 275.43 BTC for $28.61 million, following its recent share offering, and increased its total holdings to 595.67 BTC.
The company said the stash, purchased at an average price of $102,702.84 per coin among all listed companies that own the largest cryptocurrency, puts Méliuz 36th globally.
The company reported a BTC yield of 908%. This diagram is a metric used to track Bitcoin per Bitcoin, commonly used among companies betting on the Ministry of Finance, with a focus on BTC, but companies may track yields differently.
Méliuz’s yield is notable and ranked as the largest of the Bitcoin finance companies, with the Blockchain Group recently reporting a BTC yield of 1,173%. Strategy (MSTR), the world’s largest Bitcoin holder, reported a year-to-date yield of 19.1%, while Metaplanet (3350) reported 266.07% and Semler Scientific (SMLR) of 26.7%.
Méliuz’s shares have recently risen 0.15%. Since the start of the year, they have grown by almost 160%.
