Brazilian Publicly Traded Méliuz Adopts Bitcoin Treasury Strategy

Brazilian Publicly Traded Méliuz Adopts Bitcoin Treasury Strategy

The Compagnia di Fintech Braziliana Méliuz announced Thursday that they have allocated 10% of its reserves in cash in Bitcoin, becoming the first company listed on the stock exchange in the country to adopt a Bitcoin treasure strategy. Méliuz has invested $ 4.1 million to acquire 45.72 bitcoins at an average price of $ 90,926 … Read more

Kenya’s Fire Brigades Union Adopts Bitcoin Reserve, Adoption Expected To Increase

Kenya’s Fire Brigades Union Adopts Bitcoin Reserve, Adoption Expected To Increase

Kenya’s National Fire Brigades Association (KENFIBA) has become the first union in the country to adopt Bitcoin as part of its financial reserves. The initiative was announced on “X” during the Africa Bitcoin Conference in Nairobi on December 11, 2024. The announcement was made byProof of Workforce,’ a non-profit organization committed to helping unions and … Read more