Méliuz has completed a follow-on share offering, raising 180 million reais (32 million USD) to increase their Bitcoin holdings. With prices set at 7.06 reais per share, this move aims to convert cash reserves into the digital asset.
This strategic investment positions Méliuz as a pioneer in the Brazilian market, reflecting confidence in Bitcoin as a hedge against inflation. The company currently owns approximately 320.25 BTC, indicating its serious commitment to expanding its Bitcoin portfolio.
As crypto literacy rises in Brazil, more companies, including Strategy and Metaplanet, are joining the trend of accumulating Bitcoin. This increased interest from both individuals and corporations highlights the growing appeal of digital assets in the financial landscape.
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