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News Explorer — Brazilian Fintech's Stock Skyrockets as Bitcoin Strategy Ramps Up

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May 16, 7:23 pm
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Brazilian Fintech's Stock Skyrockets as Bitcoin Strategy Ramps Up

Méliuz, a Brazilian fintech company, recently transformed into the first Bitcoin treasury company in South America by purchasing over $28 million worth of Bitcoin. This move caused its stock to surge by 26%, following the footsteps of other companies like MicroStrategy.

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