Brazilian fintech company Méliuz plans to raise up to approximately $78.6 million to increase its Bitcoin holdings.

2025-05-31 00:40:03

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[Brazilian fintech company Méliuz plans to raise approximately $78.6 million to increase Bitcoin holdings] According to an announcement made by Brazilian fintech company Méliuz (B3 exchange code: CASH3) on May 31, the company plans to raise up to 450 million reais (approximately $78.6 million) for the purpose of increasing its Bitcoin holdings. Following the news, the company’s stock price fell 8% to 8.13 reais on the same day. Currently, Méliuz holds 320.25 Bitcoins (valued at approximately $33.55 million), with an average purchase cost of $101,575/coin. The pricing of this new issuance of shares will take place on June 12, and trading will begin on June 16, with existing shareholders enjoying priority subscription rights. Since the company transitioned to a Bitcoin fund management institution in March 2025, its stock price has increased by a total of 217%.

BTC-4,47%

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