Brazilian Fintech Meliuz to Sell Shares for Bitcoin

Hey, so get this! A company in Brazil called Meliuz, they're like a fintech company, you know? They just put out this filing saying they're gonna sell some more shares.

Why, you ask? Well, they wanna raise some cash. And what are they gonna do with that money? They wanna buy bitcoin! Pretty cool, right?

The pricing for these shares is supposed to happen around June 12th. Initially, they're looking to sell just over 17 million shares. That should bring in about 150 million reais, which is like $26.45 million US dollars. But wait, there's more! They said they might even sell up to *two times* more shares than that if things go well. So, they could end up with way more money.

It makes you wonder, why are they so keen on bitcoin right now? What do you think?