Méliuz Plans Share Sale to Buy More Bitcoin
The post Méliuz Plans Share Sale to Buy More Bitcoin appeared on BitcoinEthereumNews.com.
Méliuz plans share sale to boost Bitcoin treasury and investment strategy. The company aims to raise $78.6 million for Bitcoin purchases. Méliuz shareholders approve Bitcoin as core long-term financial asset. Méliuz, a Brazilian fintech company, has announced a new plan to raise money by selling shares. The goal is to use the money to buy more Bitcoin. On Friday, stocks dropped more than 8% after this news was reported. Méliuz still believes the restructuring will be important for its future. Méliuz Shareholders Agree to Add Bitcoin to Company Plan Beginning with a goal to raise up to 450 million reais, which equals about $78.6 million, the company plans to go public. The company plans to sell 17 million common shares first to raise 150 million reais (about $26.2 million). But if investors show enough interest, the size of the offering could go up by as much as 200%. Méliuz can earn better revenue if a lot of products are ordered. Méliuz was the first Brazilian company to obtain Bitcoin as part of its corporate treasury, in May 2025. On May 15, the company shared that it had purchased $28.4 million in Bitcoin. Most of the shareholders agreed on making this decision. Thus, it means that the company and its investors think Bitcoin will be a reliable long-term investment. Musk also includes Bitcoin as a formal part of the company’s current business plan. Méliuz is aiming to be recognized as a Bitcoin Treasury Company. So, it will treat Bitcoin as a core type of financial asset. With the shareholders’ support, the company is able to start its Bitcoin plans. Méliuz has aims to become a leading company for Bitcoin use in Brazil and all of Latin America. Currently, the company has bought 320.2 Bitcoins. They bought 45.73 BTC in March. The…
Filed under: News - @ June 1, 2025 1:12 am