Bitcoin Treasury Buoyed: Brazilian Fintech Méliuz Announces $78.6 Million Share Offering

Brazilian fintech company Méliuz has announced plans to raise up to $78.6 million through a share offering, specifically for the expansion of their Bitcoin holdings. This move signifies a significant step towards institutional acceptance of Bitcoin in emerging markets. Méliuz, already holding 320.25 BTC valued at approximately $33.55 million, aims to utilize these funds to acquire additional Bitcoin for its corporate treasury.