Brazilian fintech unicorn M é liuz completes its first Bitcoin acquisition at an average price of $90296

BlockBeats news, on March 7th, according to Cointelegraph, Brazilian fintech unicorn M é liuz announced that the company has started purchasing Bitcoin as part of a new financial management strategy, joining the ranks of traditional financial enterprises that increasingly hold cryptocurrency assets. M é liuz mainly provides cash returns and fintech services. The company's board of directors has approved the allocation of up to 10% of its cash reserves to Bitcoin (BTC), marking its official entry into the cryptocurrency market. M é liuz has completed its first Bitcoin acquisition, purchasing 45.72 BTC worth approximately $4.1 million at an average purchase price of $90296.