Vanadi Coffee to Invest €1 Billion in Bitcoin, Aiming to Become Spain’s Largest Listed Bitcoin Company

On June 30, shareholders of the Spanish coffee chain Vanadi Coffee sanctioned a strategic investment plan to allocate up to 1 billion euros towards acquiring Bitcoin. This move aligns with the company’s ambition to replicate the successful MicroStrategy model, positioning itself as the leading publicly traded Bitcoin entity in Spain. The decision underscores a growing trend among corporates leveraging cryptocurrency as a treasury asset to diversify holdings and hedge against inflation. By embracing this approach, Vanadi Coffee aims to enhance shareholder value through exposure to digital assets, reflecting an increasing institutional acceptance of Bitcoin within traditional business sectors.

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Source: https://en.coinotag.com/breakingnews/vanadi-coffee-to-invest-e1-billion-in-bitcoin-aiming-to-become-spains-largest-listed-bitcoin-company/