Meliuz (CASH3.SA) — BTC Stacking Curve
Cumulative holdings, every disclosed buy, share price, and the best-fit saturation curve.
Meliuz holds 604.7 BTC across 4 disclosed purchases. Average cost basis $205,353 per BTC. Last 30 days: 0 BTC. Last 90 days: 0 BTC — 0/week. Best fit: Richards (R² 1.00). Curve flattens toward 656.86 BTC, steepest accumulation May 2025.
Transaction history
All BTC transactions, most recent first.
| Date | BTC | Spot | USD Cost | Cumulative |
|---|---|---|---|---|
| Sep 4, 2025 | 9.03 | $7.0M | $63.0M | 604.7 |
| Jun 23, 2025 | 275.42 | $104.0K | $28.6M | 595.67 |
| May 15, 2025 | 274.52 | $103.5K | $28.4M | 320.25 |
| Mar 6, 2025 | 45.73 | $90.3K | $4.1M | 45.73 |
How to read this chart
Cumulative BTC held — the staircase. Each step is a disclosed purchase; the step height is the size of the buy.
Purchase bubbles — one per buy. Bubble size is the BTC count; vertical position is the per-BTC cost basis. Small-and-high is a small buy at a high price; big-and-low is a big buy made cheap.
Share price — the secondary line on the right axis. Did the company stack faster when its equity ran hot?
Regression fit — the best of a Richards and a Gompertz saturation curve, chosen by log-R². It has to flatten: there are only 21 million Bitcoin.
Controls — Linear/Log switches the BTC axis. Play animates the curve forward through disclosure time. ‹ › steps through the cohort by holdings.