Brazilian financial technology company Méliuz plans to raise up to approximately US$78.6 million to increase its holdings in Bitcoin
According to online reports, Brazilian financial technology company Méliuz (B3 exchange code: CASH3) announced on May 31 that it will launch a stock offering and plans to raise up to 450 million reais (approximately US$78.6 million) to increase its holdings of Bitcoin. After the announcement, the company's share price fell 8% on the day to 8.13 reais. Currently, Méliuz holds 320.25 bitcoins (worth approximately US$33.55 million), with an average purchase cost of US$101,575 per bitcoin. The new share issue will be priced on June 12 and trading will begin on June 16. Existing shareholders will enjoy the right of first refusal. Since the company transformed into a Bitcoin money manager in March 2025, its share price has increased by 217%.
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