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Méliuz Expands Crypto Push, Plans $26.5M Raise for More Bitcoin Investments

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Méliuz to Expand Bitcoin Holdings with $26.5M Capital Raise
  • Méliuz plans to raise $26.5M to boost Bitcoin reserves and expand crypto strategy.
  • The fintech firm holds over 320 BTC, positioning itself as Brazil’s Bitcoin pioneer.
  • Méliuz may issue shares or debt as it seeks to increase its exposure to digital assets.

Brazilian fintech firm Méliuz is making bold strides in the crypto space, announcing plans to raise approximately $26.5 million to expand its Bitcoin holdings. This move follows its earlier acquisition of over $28 million in Bitcoin, a strategy that has positioned Méliuz as Brazil’s first publicly traded Bitcoin treasury company. With growing confidence in digital assets, Méliuz aims to reinforce its treasury with more BTC, underlining a broader strategic shift toward cryptocurrency.

Strategic Crypto Treasury Approach

Earlier this month, Méliuz made headlines by purchasing 274.52 BTC, worth nearly $28.5 million at the time. This initial investment reflected the company’s belief in Bitcoin as a long-term store of value. Méliuz currently holds a total of 320.2 BTC. The fintech’s latest move to raise R$150 million ($26.5 million) represents a continuation of that strategy.

The company is wo…

The post Méliuz Expands Crypto Push, Plans $26.5M Raise for More Bitcoin Investments appeared first on Coin Edition.

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