Brazilian tech company M é liuz will invest 10% of its cash reserves in Bitcoin and consider further increasing its holdings

According to Brazil Journal, Brazilian technology company M é liuz has invested 10% of its cash reserves in Bitcoin (BTC), becoming one of the first companies in Latin America to adopt Bitcoin as a reserve asset. The company stated that this move is part of its long-term strategy, hoping to emulate the successful experiences of companies such as MicroStrategy, and is evaluating the possibility of further increasing its Bitcoin holdings in the future.