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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Adam Back: Strategy's leverage ratio is very low, previously only transferred BTC to another custodian and did not sell
SOL spot ETF records net inflows for 14 consecutive trading days, with total inflows reaching $382 million
