Brazil's Meliuz raises $32.4 million in share offering to buy bitcoin

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 Friday.

Meliuz said that the offering, which had investment bank BTG Pactual as bookrunner, was priced at 7.06 reais per share, a 5% discount over its Thursday closing price.

Meliuz's move to buy more bitcoin came as the company earlier this year launched a new strategy allowing it to allocate cash reserves in the cryptocurrency, labeling itself "the first bitcoin treasury company" in Brazil.

($1 = 5.5594 reais)

(Reporting by Gabriel Araujo; Editing by Chizu Nomiyama )