Brazilian Publicly Listed Company Méliuz Plans to Raise $26.5 Million to Increase Bitcoin Holdings
Brazilian B3 exchange-listed company Méliuz announced plans to raise 150 million reais (approximately $26.5 million) to purchase Bitcoin, further expanding its Bitcoin treasury strategy. The company has commissioned investment bank BTG Pactual to coordinate the financing, which may be conducted through the issuance of shares, convertible debt, or a public offering. Earlier this month, Méliuz spent approximately $28.5 million to purchase 274.52 Bitcoins and currently holds 320.2 Bitcoins, becoming Brazil's first listed Bitcoin treasury company. The company stated it will adjust its purchasing plans based on market opportunities and is committed to promptly informing shareholders of the latest developments.
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