{
  "id": 844001,
  "title": "BTG Pactual Raises Its Méliuz Stake to 10.51% in New Filing",
  "url": "https://urgent.news/2026/08/14/btg-pactual-raises-its-meliuz-stake-to-10-51-in-new-filing",
  "topic": "world",
  "section": "World",
  "published": "2026-08-14T06:28:57.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/btg-pactual-raises-its-meliuz-stake-to-10-51-in-new-filing/"
  },
  "original_language": "en",
  "account": "Brazilian bank BTG Pactual has raised its stake in Méliuz, a fintech company known for its cashback model and Bitcoin treasury, to 10.51% in a recent filing. This increase comes just as Méliuz reported a quarterly loss due to its Bitcoin-heavy treasury. The disclosure, filed on August 13, 2026, marks a significant jump from BTG Pactual's previous 6.71% stake, which now represents roughly 10.96 million ordinary shares. The bank disclosed its increased position because Brazilian regulations require them to report any substantial changes. BTG Pactual holds no controlling interest in Méliuz, but rather a large minority position. The bank sees this as a trading and investment position, rather than an attempt to influence the company's control or management. Méliuz offers a loyalty program where users earn rewards by shopping through its app or website, and has recently started holding Bitcoin as part of its strategy to attract crypto-minded investors. BTG Pactual's move to increase its stake in Méliuz follows a period of disappointing results for the fintech, including a R$32.1 million write-down on its Bitcoin holdings.",
  "summary": "BTG Pactual has raised its stake in Méliuz to 10.51%, lifting its direct holding to roughly 10.96 million ordinary shares, up from about 6.71% previously disclosed. The 13 August 2026 filing makes the bank one of the largest shareholders in the Brazilian cashback fintech, which since 2025 has become the country's first publicly traded Bitcoin treasury company. BTG says the move is purely…",
  "key_points": [
    "BTG Pactual raises stake in fintech Méliuz to 10.51%.",
    "Disclosure filed on August 13, 2026.",
    "Increase follows Méliuz's quarterly loss and Bitcoin treasury."
  ],
  "editors_take": "BTG Pactual's increased stake in Méliuz signals its confidence in the fintech firm's strategy despite recent disappointing results and a quarterly loss attributed to its Bitcoin-heavy treasury.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}