Brazil fintech Meliuz proposes expanding bitcoin reserves strategy

SAO PAULO, April 14 (Reuters) - Brazilian fintech Meliuz (CASH3.SA), opens new tab said on Monday it will propose expanding its bitcoin reserves strategy, aiming to make the cryptocurrency the main strategic asset in the firm's treasury.

In a securities filing, Meliuz said it will call a shareholder meeting for May 6 to vote on including bitcoin investments as one of the company's corporate purposes.

Meliuz had launched earlier this year its bitcoin strategy.

Reporting by Andre Romani, Editing by Natalia Siniawski

Reuters

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Brazil fintech Meliuz proposes expanding bitcoin reserves strategy

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