TechFlow, September 12 — According to Bitcoin.com, Brazilian publicly traded company Meliuz has unveiled a new Bitcoin acquisition strategy, leveraging cash-backed options contracts to expand its existing holdings of over 600 bitcoins.
The options will be backed by less than 10% of the company's operating cash reserves to manage potential risks. The company stated that the strategy is supported by professional partners, with operational results disclosed quarterly in financial reports.
In addition, Diego Kolling, Meliuz's Head of Bitcoin Strategy, revealed that the company is exploring allocating Bitcoin to other yield-generating avenues such as the Lightning Network, projecting annual returns of up to 25%.
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