Immortal Capital
On Sep 24, 2025, Melanion Capital announced its Bitcoin-first treasury, replacing depreciating fiat reserves with the world’s most scarce and durable asset.
For qualified/professional investors only (MiFID II). Not an offer to the public.
The Quiet Advantage
True wealth is not loud. It grows through disciplined structures designed to compound silently, across time and cycles.
Created by Melanion Capital, an EU-regulated asset manager, the Bitcoin Treasury is a private balance sheet model: audited, rules-based, and structured to compound Bitcoin, the world’s most incorruptible asset.
Digital asset investments are high risk, not suitable for retail.
Why Bitcoin,
Why Now
The 20th-century playbook—equities, bonds, real estate, gold—no longer defends wealth. Inflation, taxation, and geopolitical fragility have eroded every traditional safe haven.
Today, the most forward-thinking institutions do more than hold Bitcoin, they structure it to compound, turning balance sheets into growth engines.
Better gold than gold
Portable, divisible, instantly verifiable.
Better property than property
Immune to seizure, censorship, and borders.
A true global settlement layer
Direct, final ownership without intermediaries.
The Melanion
Bitcoin Treasury Model
Full details shared privately, under NDA
Capital issuance above NAV
Private issuance structured at a premium to audited balance sheet value.
Direct allocation to Bitcoin
All proceeds are deployed into Bitcoin—no leverage, no dilution.
Collateralized Compounding
Bitcoin pledged to secure higher-valuation issuance cycles.
Institutional Governance
Audited framework under EU regulation with multi-signature custody.
Aligned Equity Incentives
Embedded warrants link shareholder upside to long-term treasury growth.
Strategic Advantages of the Bitcoin Treasury Model
The architecture pioneered by MicroStrategy—adapted for private, corporate balance sheets.
Equity in the Engine
A corporate structure that multiplies Bitcoin reserves through disciplined capital issuance.
1
First-Mover Scarcity
Treasury models gain their strongest advantages when established early in the adoption cycle.
2
Dynastic Security
Designed to preserve value against inflation, taxation, and political intervention.
3
The Founding Epoch
Every treasury model begins with an initial issuance cycle.
Melanion’s Bitcoin Treasury launched on Sep 24, 2025. Further information is provided privately under NDA.
About Us
We operate at the intersection of Bitcoin’s incorruptible code and the world’s most disciplined capital structures.
Core Principles
Protocol-Faithful Design
Anchored in Bitcoin’s properties: immune to seizure, censorship, and borders.
Institutional Governance
Operated under EU-regulated oversight, with fiduciary standards and secure custody.
Investor-Centric Model
No tokens, no exchanges, direct Bitcoin reserves held with integrity.
Our mission
Deliver a transparent Bitcoin treasury model—governed by a regulated asset manager—that converts corporate reserves into long-term, resilient capital.
Led by a team with deep expertise in institutional finance, cross-border regulation, and Bitcoin treasury operations—executed with precision and uncompromising standards.
Disclaimer
Bitcoin and digital assets are highly volatile and may result in a loss of capital. This is not investment advice.
This website is provided for information purposes only and does not constitute an offer to the public. Melanion Capital is not launching a fund and does not operate a defined investment policy for the benefit of investors. Any potential corporate financing would be conducted solely through private placements to qualified or professional investors, subject to Board approval and applicable regulations.
Insights
From the Desk of Melanion Bitcoin Treasury
Discretion First.
- Offices
- Paris
- Luxembourg
- Geneva
Digital asset investments are high risk, not suitable for retail.
© 2025 Melanion Bitcoin Treasury — All rights reserved.