Brazilian Fintech Méliuz Aims to Bolster Bitcoin Treasury with $26M Share Offering

In a bold move signaling strong confidence in Bitcoin’s future, Brazilian fintech firm Méliuz has filed for regulatory approval to raise $26.4 million through a share offering, with all proceeds earmarked for Bitcoin purchases. The publicly traded company plans to issue 17,006,803 common shares on June 12, 2025, retaining the option to expand the offering by up to 200% based on market demand. This strategic decision comes hot on the heels of Méliuz’s recent acquisition of 274.52 BTC worth $28.4 million, demonstrating the firm’s commitment to cryptocurrency as a core treasury asset. With Bitcoin currently trading at 104,934.63 USDT, this substantial investment could significantly increase the company’s BTC holdings and potentially influence market sentiment. The move reflects growing institutional adoption of Bitcoin as a legitimate store of value and highlights the increasing intersection between traditional finance and digital assets in emerging markets like Brazil. As the cryptocurrency market continues to mature, Méliuz’s aggressive Bitcoin accumulation strategy may position the company as a pioneer in corporate crypto adoption within Latin America’s fintech sector.

Brazilian Fintech Méliuz Seeks $26M to Expand Bitcoin Treasury

Méliuz, a publicly traded Brazilian fintech, has filed for regulatory approval to raise $26.4 million through a share offering, with plans to allocate the proceeds entirely to Bitcoin purchases. The company aims to issue 17,006,803 common shares priced on June 12, 2025, reserving the right to expand the offering by 200% if demand warrants.

The move follows Méliuz’s recent acquisition of 274.52 BTC worth $28.4 million, bringing its total holdings to 320.3 BTC. Executive chairman Israel Salmen celebrated shareholder approval of the firm’s transition into Brazil’s first listed bitcoin treasury company, noting an average purchase price of $101,703 per BTC.

This strategic pivot mirrors growing corporate interest in Bitcoin as a treasury asset, with Méliuz joining the ranks of publicly traded companies leveraging capital markets to accumulate cryptocurrency reserves. The fintech’s initial 45.73 BTC purchase in March 2025 has now escalated into a nine-figure commitment.

Bitcoin Price Displays a Similar Deviation: Is it Time for a Deeper Correction?

Bitcoin faces mounting bearish pressure as selling activity intensifies, dropping below critical support levels. Despite the downturn, bullish sentiment persists, suggesting a potential rebound post-correction.

Market volatility spiked following geopolitical tensions, including former President Trump’s tariff announcements, triggering a BTC plunge below $91,000 and massive liquidations. A subsequent court ruling blocking tariffs has injected cautious Optimism into the market.

The looming question: Will Bitcoin capitalize on its recent Golden Cross momentum to target $120K, or succumb to bearish forces toward $100K? Whales and spot traders appear divided—perp traders lean bullish while spot markets brace for new highs.

Fed Holds Rates Steady Amid Inflation Concerns, Trump Pressures Powell

The Federal Reserve’s May minutes reveal interest rates remain unchanged at 4.2% to 4.5%, signaling persistent inflation and a tightening labor market. Economic slowdown fears are mounting, with investors directing blame toward former President Donald Trump.

Trump’s recent meeting with Fed Chair Jerome Powell ended without concessions, as Powell reiterated the Fed’s commitment to data-driven, apolitical decision-making. The WHITE House confirmed the central bank’s independence, sparking criticism of Trump’s economic posturing.

Meanwhile, cryptocurrency markets show volatility, with Bitcoin (BTC) experiencing outflows as capital rotates into meme coins. The emergence of new speculative assets highlights shifting risk appetites amid macroeconomic uncertainty.

Czech Justice Minister Resigns After Controversial Bitcoin Donation

Czech Justice Minister Pavel Blažek stepped down on May 30 following a scandal involving the sale of $45 million in Bitcoin donated by a convicted drug trafficker. The ministry liquidated 480 BTC, funneling the proceeds into victim-compensation funds and prison infrastructure.

Opposition lawmakers questioned the ethics of accepting assets from a criminal, while police launched an investigation into the Bitcoin’s origins. Blažek defended the transaction, citing legal provisions for asset forfeiture, but resigned hours after probes began.

The donor, Tomáš Jiřikovský, served four years for operating an illicit online drug marketplace. Prime Minister Petr Fiala’s office declined comment as the case reignited debates about cryptocurrency’s role in government finance.

Bitcoin Investors Hold Steady Amid Subdued Binance Inflows

Bitcoin’s market resilience shines as investor behavior suggests confidence in further price appreciation. Short-term holders deposited a mere 8,000 BTC to Binance recently, while long-term holders contributed just 86 BTC—a stark contrast to the 2024 peak of 626 BTC. These tepid inflows indicate minimal sell pressure, reinforcing the narrative of strong underlying demand.

The cryptocurrency trades above $105,000 after briefly touching a record $111,000, maintaining an 11.17% monthly gain despite a 5.97% retracement from its peak. On-chain analyst Darkfost notes this restraint from both investor cohorts—typically quick to react during volatility—signals expectations of continued upside.

Binance’s inflow metrics serve as a barometer for market sentiment. The current data paints a picture of disciplined accumulation, with holders apparently unwilling to relinquish positions at these levels. Such behavior historically precedes extended bullish phases in Bitcoin’s market cycles.

France’s Debt Crisis Sparks Bitcoin Appeal for Younger Generations

France’s public debt has ballooned to €3.3 trillion, representing 113% of GDP, with interest payments projected to reach €108 billion annually by 2029. The government faces a €170 billion budget deficit, forcing difficult choices between servicing debt obligations and funding critical programs like pensions. "We borrow to pay the interest—this is the wear and tear of the system," observes François Bayrou, highlighting the unsustainable debt spiral.

With traditional financial systems straining under these pressures, analysts suggest bitcoin could serve as a hedge for younger generations. The cryptocurrency’s fixed supply and decentralized nature present an alternative to fiat currencies vulnerable to inflationary monetary policies. As debt servicing costs now exceed France’s security and ecology budgets, the appeal of non-sovereign stores of value grows.