Méliuz Seeks approval to Fund Bitcoin Purchase with $26.4 Million
Méliuz, a prominent Brazilian fintech firm, has filed a request to raise $26.4 million. The company plans to use these funds to purchase more Bitcoin, expanding its cryptocurrency holdings. This move aligns with their recent transformation into a Bitcoin treasury company.
According to a Reuters report, Méliuz intends to sell 17,006,803 common shares, which would generate the needed capital. If approved, the fund raised will directly contribute to the company’s Bitcoin acquisition efforts.
Israel Salmen, the executive chairman of Méliuz, expressed excitement about this development. He noted that the company now holds 320.3 BTC, with an average price of $101,703 per coin.the company’s变身 into a Bitcoin-focused entity reflects a growing trend amongst publicly traded firms.
Other companies are following suit. GameStop notably became a Bitcoin company after spending over $500 million on 4,710 BTC. Trump Media, too, plans to raise $2.5 billion for a similar purpose.These moves highlight Bitcoin’s increasing prominence in corporate strategies.
These actions follow in MicroStrategy’s footsteps, who pioneered corporate Bitcoin adoption in 2020. By embracing Bitcoin, these companies aim to diversify their assets and capitalize on the growing digital currency market.
