Brazilian Fintech Meliuz Is Selling Shares to Buy More Bitcoin!

So, get this, the Brazilian company Meliuz, which is all about fintech stuff, is planning to sell some shares. They filed for this whole thing to get some cash.

Why do they need the money? Well, they wanna buy more bitcoin! Yep, they're jumping on the crypto train even more.

They said Friday that they're gonna offer over 17 million shares at first, aiming to get around 150 million reais, which is like 26.45 million US dollars. And get this, they might even offer way more shares than that, like up to triple the initial amount. Crazy, right?

They're planning to price these shares around June 12th, so that's when we'll see how it all shakes out. What do you think about companies buying bitcoin?