Meliuz is Selling Shares to Buy Bitcoin

Okay, so peep this: Meliuz, you know, that Brazilian fintech company? They just filed some paperwork for and plan to sell some shares. The reason? They wanna raise cash, like, serious cash, so they can buy some bitcoin. Wild, right? They're planning to set the price for these shares around June 12th.

So, according to the filing on Friday, they're starting by offering up 17,006,803 common shares. That initial batch is worth about 150 million reais, which is roughly $26.45 million American dollars. And get this, they said they could actually sell up to 200% more shares than that first amount! So yeah, they could potentially bring in a lot more money. Pretty interesting move for them, huh?