Brazilian fintech company Méliuz has filed to raise $26.4 million through a share offering, intending to use all proceeds for Bitcoin purchases.
Funding Goals
Méliuz, a publicly traded financial company, is looking to raise $26.4 million through a share offering to increase its Bitcoin reserves.
Proposed Share Sale
According to a securities filing, the company will offer 17,006,803 common shares. The share sale is expected to generate 150 million Brazilian reais (approximately $26.4 million), with pricing set for June 12, 2025. Méliuz also stated it could increase the total offering size by 200% if needed.
Méliuz's History of Bitcoin Investments
Recently, Méliuz disclosed it purchased $28.4 million worth of Bitcoin, raising its total holdings to 320.3 Bitcoin. Executive Chairman Israel Salmen characterized the shareholder vote enabling this move as a historic day for Méliuz. The company began its Bitcoin acquisitions in March 2025 and completed the purchases at an average price of $101,703 per coin.
Méliuz aligns itself with the trend of public companies investing in Bitcoin, joining the ranks of GameStop and Trump Media, which are also expanding their Bitcoin reserves.