The power of Bitcoin is compared to the nuclear reactors of Brazilian business leaders
According to a recent conference call, Melize Chairman Israel Sal’s goalkeeper compares Bitcoin to a “nuclear reactor” after the company’s stock surged.
Fintech has won shareholder approval to become Brazil’s first Bitcoin finance company. Shareholders support a significant change.
Salmen said the move marks a new avenue for Melis, whose health is directly linked to Bitcoin’s performance per share. This is a bold turn that has attracted the attention of domestic and foreign investors.
Image: Shutterstock
Méliuz builds Bitcoin treasury
According to the report, Méliuz paid about $28.4 million last week to acquire 274.52 BTC. The coins join the existing 45.78 BTC hiding place, bringing the total to 320 BTC.
Salmen noted that the company plans to add more coins in a “value-added way” using different financial tools. He said this is not a hedge against market volatility.
Bitcoin is now at the heart of the company’s balance sheet. Each new purchase should add real value to each share.
“Bitcoin is like a nuclear reactor installed on our balance sheet.” – Meliuz (Cash3Bz, Mkt Cap $160 million), Brazil’s first Bitcoin Treasury company, Chairman of Israel Salmen on a conference call pic.twitter.com/vprw8z6nbj
– Matthew Sigel, Recover CFA (@matthew_sigel) May 19, 2025
Stock rally fuel interest
Méliuz shares jumped from S$3.00 in mid-2025 to $10.70 in mid-May, according to data shared by Vaneck’s Matthew Sigel.
Trading volume soared in April, giving Rally fresh muscles. This price moves the turn. Some traders say linking stocks to Bitcoin is a sign.
Others warned that Bitcoin’s callback would hit Mellitz. Still, the stock run puts the company on the map.
Peers see similar benefits
Semler Scientific shares climbed 40% in a month, up $12.53 on May 19 to close at $42.36, according to market reports.
The U.S.-listed company said it had a 22% BTC yield as of May 12, adding 510 BTC and $52 million in USD earnings as of May 12. In a broader move, the strategy’s stock price rose from $317 to $400 from May 19.
Image: CPO Magazine
The strategy remains the largest company Bitcoin holder, controlling 576,230 BTC worth approximately $59.57 billion. The company reported an increase of 73,120 BTC, a 12% increase, and a gain of 140,538 BTC in 2024, equaling 24% of its stake, about $13 billion in paper profit.
Cryptocurrency in El Salvador
According to a social media update by President Nayib Bukele, the El Salvador National Bitcoin Fund now has 6,181 BTC. The coin purchased sold for $287.1 million, which is worth more than $640 million today.
Featured images from Unsplash, charts for TradingView
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