<p>MercadoLibre, the Latin American e-commerce and fintech company, said in a Wednesday regulatory filing that it now holds bitcoin on its balance sheet.</p> <p><a href="https://www.sec.gov/Archives/edgar/data/1099590/000156276221000190/meli-20210505xex99_1.htm" target="_blank" rel="noopener">Per a press statement</a> announcing its first-quarter results for 2021, the firm said that "[a]s part of our treasury strategy this quarter we purchased $7.8 million in bitcoin, a digital asset that we are disclosing within our indefinite-lived intangible assets."</p> <p>The exact timing of the purchase is unclear, though the financial results cover the first quarter ending March 31, 2021.</p> <p>By doing so, the firm becomes the latest publicly-traded company to add bitcoin to its balance sheet. Others include automaker <a href="https://www.theblockcrypto.com/linked/102899/q1-earnings-show-tesla-sold-off-272m-of-its-btc-purchase" target="_blank" rel="noopener">Tesla</a> and payments firm Square.</p> <p>MercadoLibre, which trades on Nasdaq under the ticker MEDI, has a market capitalization of more than $76 billion.</p>