Latin America's Mercado Libre Discloses $7.8 Million Strategic Bitcoin Treasury Buy
E-commerce powerhouse files Form 10-Q reporting purchase of spot Bitcoin for its treasury balance sheet as part of long-term reserve diversification across Latin America.
How Much Bitcoin
$7,800,000 (136 BTC
BTC Price Then
$57,424
Price Change
+68%
Location
Argentina
Frequently Asked Questions
Who is adopting Bitcoin in "Latin America's Mercado Libre Discloses $7.8 Million Strategic Bitcoin Treasury Buy"?
Mercado Libre (Company) is the entity adopting or allocating into Bitcoin in Argentina.
What type of entity is Mercado Libre?
Mercado Libre is classified as a Company in the Bitcoin adoption ledger.
How much Bitcoin is being acquired or held?
$7,800,000 (136 BTC acquired directly as spot Bitcoin.
What was the Bitcoin price at the time of this adoption?
At the time of this event, Bitcoin was priced at $57,424 per BTC (a +67% change versus the current live price).
When did this Bitcoin adoption event happen?
This adoption event was recorded on Wed, May 5, 2021.
Where is this Bitcoin adoption taking place?
This adoption is attributed to Argentina.
What is the source of this Bitcoin adoption story?
Originally reported by SEC Form 10-Q and indexed from the original report.
Originally reported by SEC Form 10-Q
Read the original report