Meliuz Raising Funds for Bitcoin & Offering Shares

Hey, so you know that Brazilian fintech company, Meliuz? They're looking to raise some cash, like, a good chunk of change.

They filed for a primary offering of shares, which is basically selling more stock to the public. And guess what they wanna do with that money? Buy Bitcoin! Yeah, they're planning to snag some Bitcoin with the funds they get from this offering.

They're aiming to raise about 150 million reais, that's like 26.45 million US dollars right now. And get this, they're initially putting out over 17 million common shares. They said the whole thing could even get bigger, like, way bigger, up to 200% of the shares they start with. Pretty wild, huh?

The pricing for these shares is all set for June 12th. So, we'll see what happens then. It's interesting to see companies like this getting into the crypto game. What do you think about companies investing in Bitcoin?