According to a recent conference call, Méliuz Chairman Israel Salmen likened Bitcoin to a “nuclear reactor” after the company’s stock saw a sudden surge.
The fintech firm won shareholder approval to become Brazil’s first Bitcoin treasury company. Shareholders backed the shift by a large margin.
Salmen noted that the firm plans to add more coins in an “accretive way,” using different financial tools. It’s not a hedge against market swings, he said.
According to data shared by VanEck’s Matthew Sigel, Méliuz stock jumped from R$3.00 in mid‑February 2025 to R$10.70 by mid‑May.
Trading volume spiked in April, giving the rally fresh muscle. That kind of price move turns heads. Some traders say it’s a sign that linking the stock to Bitcoin could pay off.
Others warn that a pullback in Bitcoin would hit Méliuz hard. Still, the stock run has put the firm on the map.
Based on market reports, Semler Scientific’s stock climbed 40% over a month, rising $12.53 to close at $42.36 on May 19.
The US‑listed firm said it posted a 22% BTC yield year‑to‑date as of May 12, adding 510 BTC and $52 million in dollar gains. And in a broader move, Strategy saw its share price rise 26% from $317 to $400 as of May 19.
According to social media updates from President Nayib Bukele, El Salvador’s national Bitcoin fund now holds 6,181 BTC. The coins cost $287.1 million when bought, and their value today tops $640 million.
Featured image from Unsplash, chart from TradingView
