How much Bitcoin does each Méliuz share own after debt and preferred?

As of 2026-06-30 (BTC $58,559), each Méliuz (CASH3) share owns about 581 sats of Bitcoin after debt and preferred claims, versus 581 sats of reported Bitcoin Per Share. Senior claims account for 0% of the Bitcoin reserve.

What happens to Méliuz CEBE if outstanding share delivery rights are exercised?

Méliuz (CASH3) has 2,250,282 shares deliverable under an outstanding instrument of type stock option. It carries no claim on the Bitcoin reserve, so Senior Claims % barely moves. What moves is the share count. As of 2026-06-30 (BTC $58,559), CEBE would go from 581 sats per share to about 569 sats per share if they were delivered in full, a difference of 12 sats or 2.1%.

Méliuz (CASH3): Real Bitcoin Per Share After Senior Claims

ADR ratio

One MLIZY ADR represents two CASH3 ordinary shares. Every per-share figure on this page, CEBE included, is quoted per CASH3 ordinary share. Double it before it describes an ADR, and halve an ADR price before setting it beside a B3 quote.

Ratio as filed, FRE v5 025232FRE31-12-2026v5, Valores Mobiliários.

Each CASH3 share owns about 581 sats of Bitcoin after senior claims, versus 581 sats of reported Bitcoin Per Share. Senior claims take 0% of the reserve. As of 2026-06-30, BTC was $58,559.

Méliuz (CASH3): Real Bitcoin Per Share After Senior Claims

Company Not Found