BTG Builds a 14% Méliuz Stake as Batista Miner Addresses Vale Rumours

Brazil · Business Key Facts —BTG Pactual stake. The bank holds 16.52 million Méliuz shares, or 14.58% of common equity, plus derivatives equal to another 12.44% notional exposure. —Méliuz Bitcoin pivot. The cashback fintech raised 180.08 million reais (US$32.39 million) in June 2025 to become Brazil’s first publicly traded Bitcoin treasury company. —Vale buyback denied.…