Brazilian fintech firm Meliuz (CASH3) plans to raise R180.08 million ($32.4 million) through an equity offering, according to a filing. The funding is earmarked specifically for the purchase of ...
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SAO PAULO, March 6 (Reuters) - Brazilian fintech Meliuz (CASH3.SA), opens new tab has launched a new strategy allowing it to allocate part of its cash reserves in bitcoin and could eventually make the ...
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Brazilian fintech company Méliuz announced Thursday it had allocated 10% of its cash reserves into bitcoin, becoming the first publicly traded firm in the country to adopt a bitcoin treasury strategy.
SAO PAULO (Reuters) -Brazilian fintech Meliuz raised 180.08 million reais ($32.39 million) in a follow-on share offering aimed at obtaining funds to purchase bitcoin, it said in a securities filing on ...
Méliuz now holds 595.67 BTC, making it Latin America’s largest publicly listed corporate holder of bitcoin. The Brazilian fintech firm recently acquired 275.43 BTC for $28.61 million. The company ...
On Monday morning, Banco BV retraced the decision to exercise the call option on the shares issued by Méliuz, leading to the company’s stock value plunging by nearly 9%. This news was received with ...
When Brazilian fintech firm Méliuz (CASH3) reviewed its balance sheet in late 2024, it found something startling: it was profitable, debt-free, and growing, yet the market had valued its business at ...