Brazilian fintech company Méliuz launches a stock issuance plan to increase its Bitcoin holdings

2025-05-31 08:36:53

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ChainCatcher news, according to Decrypt, Brazilian fintech company Méliuz (B3 ticker: CASH3) announced on May 31 that it will launch a stock issuance, aiming to raise up to 450 million reais (approximately 78.6 million USD) to increase its Bitcoin holdings. Following the announcement, the company's stock price fell 8% to 8.13 reais on the same day.

Currently, Méliuz holds 320.25 Bitcoins (worth approximately 33.55 million USD), with an average purchase cost of 101,575 USD per coin. The pricing for this new stock issuance will take place on June 12, with trading starting on June 16, and existing shareholders will have priority subscription rights. Since transforming into a Bitcoin asset management firm in March 2025, the company's stock price has increased by a cumulative 217%.

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