Brazilian Fintech Méliuz Raises R$180 Million to Strengthen Bitcoin Holdings
Méliuz, a leading Brazilian fintech company, has successfully raised R$180.08 million ($32.39 million USD) in a follow-on share offering, according to a securities filing on Friday. The capital raise is intended to fund additional Bitcoin purchases as part of the company’s crypto treasury strategy.
Offering Details: Priced at 5% Discount
The new offering was priced at R$7.06 per share, representing a 5% discount over Méliuz’s Thursday closing price. BTG Pactual, one of Latin America’s top investment banks, acted as the bookrunner for the transaction.
Méliuz Bets Big on Bitcoin Strategy
Earlier this year, Méliuz made headlines by declaring itself “Brazil’s first Bitcoin treasury company.” The company announced it would allocate part of its cash reserves into Bitcoin, making crypto a core part of its financial strategy. The fresh capital injection from this share offering reinforces Méliuz’s commitment to expanding its digital asset holdings.
Brazilian Fintech Embraces Cryptocurrency Innovation
Méliuz’s bold move into Bitcoin aligns with a growing trend of corporate crypto adoption globally. As a fintech firm with a strong presence in cashback and digital financial services, Méliuz is positioning itself at the intersection of blockchain innovation and financial technology in Latin America.
What This Means for Investors and the Market
With the share offering complete, Méliuz is set to increase its exposure to Bitcoin at a time when institutional interest in crypto assets is on the rise. The decision reflects both confidence in the long-term value of Bitcoin and a strategy to diversify treasury assets amid macroeconomic uncertainty.
