Méliuz Raises $78 Million for Bitcoin Investment via Public Share Offering

Brazilian fintech company Méliuz is launching a public share offering worth $78 million, specifically aimed at acquiring Bitcoin for its treasury. This move comes as part of Méliuz’s strategic shift in financial planning, marking the firm’s increased focus on cryptocurrency. The shares will be entirely allocated to purchasing BTC, and a total of 30 million users rely on Méliuz’s digital services. Israel Salmen, Founder/CEO of Méliuz S.A., spearheaded this initiative, which signals a tactical approach in managing its financial resources.