Meliuz Selling Shares to Buy Bitcoin

Hey, so Meliuz, that Brazilian company, said they're planning to sell some shares. Their goal is to get money so they can buy some bitcoin. They're planning to set the price for these shares on June 12th.

In some papers they filed on Friday, Meliuz mentioned that they're starting with about 17 million shares to raise around 150 million Brazilian reais, which is like 26.45 million US dollars. They also said they might even sell up to 200% more shares if things go well! Pretty interesting, huh? Makes you wonder if buying bitcoin is a good move right now.