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Méliuz Plans Share Sale to Buy More Bitcoin

  • Méliuz, a Brazilian fintech company, plans to raise $78.6 million through share sales to invest in Bitcoin.
  • The company was the first in Brazil to add Bitcoin to its treasury, with shareholders approving Bitcoin as a core long-term asset.
  • Méliuz intends to become a Bitcoin Treasury Company and has purchased 320.2 Bitcoins as part of its strategy.
  • The money raised from share sales will mainly be used to buy more Bitcoin, aligning with the company's shift towards digital finance.

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