Latin American e-commerce company MercadoLibre: BTC holdings have reached 570.4

Crypto 7x24

2025-07-12 20:20:30

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According to online reports, Latin American e-commerce and financial technology company MercadoLibre announced that it will use Bitcoin as an inflation hedge tool with high volatility in Latin American local currencies and supplement its financial technology ecosystem. The company disclosed that it has held 570.4 BTC, worth approximately US$62 million, aiming to further consolidate its strategy of digital payment innovation and reserve diversification.

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