TechFlow, June 1 — According to an official announcement, Brazilian publicly traded company Méliuz has announced plans to raise up to 450 million reais (approximately $79 million) through a stock offering. The proceeds will be entirely allocated to purchasing bitcoin, positioning bitcoin as a core strategic asset in the company's treasury reserves.
The company intends to issue 17 million new common shares, with an additional 34 million shares available for issuance if demand is sufficient. This offering will be available exclusively to professional investors.
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