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Brazilian firm Méliuz seeks $26m raise to buy more Bitcoin

Méliuz, a publicly traded fintech in Brazil, has filed for approval to raise $26.4 million that it plans to use to buy more Bitcoin. According to a report by Reuters, the company is seeking regulatory approval for an offer of 17,006,803 common shares to raise 150 million reais, or approximately $26.4 million. If the application … Read more

Méliuz becomes Brazil’s first publicly listed firm to adopt Bitcoin treasury model

Brazilian fintech company Méliuz has become the first publicly traded firm in Brazil and Latin America to adopt Bitcoin as a treasury asset following shareholder approval. In a statement issued on May 15, the cashback-focused firm, which serves over 30 million users, said it had officially changed its corporate purpose to include Bitcoin investments as … Read more

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