Méliuz Raises $26.45 Million for Bitcoin Expansion

Brazilian fintech company Méliuz S.A. has announced plans to raise $26.45 million through a share offering to invest in Bitcoin, according to reports from Bitcoin Magazine. This move follows a recent $28.5 million BTC acquisition by the company, highlighting an increasing trend of companies using Bitcoin as part of their financial strategies. The funding will be used for further Bitcoin purchases, with Méliuz aiming to double its crypto treasury size based on market conditions.