- Méliuz filed to raise $26.4 million via 17M shares, planning to use all proceeds for Bitcoin acquisition.
- Share pricing occurs June 12, 2025; the offering size can expand by 200% if demand requires it.
Brazilian fintech company Méliuz has submitted a formal request to regulators. The publicly traded firm aims to raise approximately $26.4 million. Méliuz plans to use all proceeds from this fundraising effort to purchase Bitcoin.
According to a securities filing dated Friday, Méliuz proposes offering 17,006,803 common shares. The company expects the share sale to generate 150 million Brazilian reais, equivalent to $26.4 million. Pricing for these shares is scheduled for June 12, 2025. Méliuz stated it holds the option to increase the total offering size by 200% if needed. This means the final amount raised could reach higher levels.
This funding effort follows recent actions by Méliuz. Weeks ago, the company disclosed it bought $28.4 million worth of Bitcoin. That purchase increased its total Bitcoin holdings. Shareholders had previously approved a company proposal.
The proposal designated Méliuz as a Bitcoin treasury firm. Executive Chairman Israel Salmen confirmed the company now holds 320.3 Bitcoin. Méliuz acquired its first 45.73 Bitcoin in early March 2025. The company completed its total Bitcoin purchase at an average price of $101,703 per coin. Salmen described the shareholder vote enabling this move as a “historic day” for Méliuz.
Méliuz joins other public companies allocating capital to Bitcoin. Its decision mirrors actions taken by GameStop and Trump Media recently. Video game retailer GameStop allocated over $500 million to acquire 4,710 Bitcoin.
Trump Media secured $2.44 billion through a private placement. Trump Media stated it intends to use a large portion of these funds for Bitcoin purchases. These firms follow the path established by Strategy. That company, formerly named MicroStrategy, initiated its Bitcoin acquisitions in August 2020. Public companies are steadily growing their Bitcoin reserves.
