Brazilian Fintech Company Méliuz Plans Additional Bitcoin Purchase of $26.5 Million
Minseung Kang
Summary
- The Brazilian listed fintech company Méliuz announced plans to purchase up to $26.5 million in additional Bitcoin.
- Méliuz plans to raise funds through the issuance of stocks or convertible bonds in collaboration with BTG Pactual.
- The company has already purchased approximately $28.4 million worth of Bitcoin.
The Brazilian listed fintech company Méliuz plans to purchase up to $26.5 million worth of Bitcoin (BTC).
According to the cryptocurrency-focused media outlet O Daily on the 22nd, Méliuz stated, "The company plans to raise at least 150 million reais (approximately $26.5 million) through the issuance of stocks or convertible bonds, in collaboration with the investment bank BTG Pactual."
Previously, Méliuz purchased approximately $28.4 million worth of Bitcoin, becoming the first Brazilian listed company to include Bitcoin on its balance sheet.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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