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news-imageMarch 6, 2025

Méliuz becomes first publicly-traded Brazilian company to invest in Bitcoin, allocates 10% of cash reserves

Méliuz, a publicly traded Brazilian company, has announced the acquisition of Bitcoin (BTC) equivalent to 10% of its cash holdings, local media reported on AMarch 6. The company purchased 45.72 BTC for $4.1 million at an average price of $90,296 per BTC.
Publisher: CryptoSlate
Sentiment: Positive
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cover-imageBenzinga
March 6, 2025

Bitcoin, Ethereum, Dogecoin Trend Lower, XRP Holds Steady As Texas Eyes Strategic BTC Reserve

Cryptocurrency markets are trading mostly sideways on Thursday as the Texas Senate passed a strategic Bitcoin reserve bill, which now advances to the House. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $88,486.05 -1.5% Ethereum (CRYPTO: ETH) $2,200.97 -0.7% Solana (CRYPTO: SOL) $143.60 -0.96% XRP (CRYPTO: XRP) $2.58 +3.4% Dogecoin (CRYPTO: DOGE) $0.2006 -1.5% Shiba Inu (CRYPTO: SHIB) $0.00001327 +0.02% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.6% and daily active addresses falling by 0.9%.

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cover-imageBitcoin Magazine
March 6, 2025

Texas Strategic Bitcoin Reserve Bill Passes The Senate

Bitcoin Magazine Texas Strategic Bitcoin Reserve Bill Passes The Senate In a vote of 25-5, Texas' bitcoin reserve legislation has been approved by the Senate. It will now advance to the House. This post Texas Strategic Bitcoin Reserve Bill Passes The Senate first appeared on Bitcoin Magazine and is written by Nik.

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