US EditionSpanish Coffee Chain Vanadi to Invest $1.1B in Bitcoin After 2024 Losses
- Vanadi Coffee, a Spanish chain, is preparing to allocate more than $1.1 billion into Bitcoin as part of its strategy to become a Bitcoin-first company by 2025.
- The company's shift follows significant 2024 losses totaling $3.7 million and a share price drop exceeding 90% since its 2023 IPO.
- Vanadi bought an initial 5 BTC at about $521,000 as a pilot before seeking board approval on June 29 to acquire more Bitcoin.
- Chairman Salvador Martí requested the board's approval to proceed with a plan to accumulate Bitcoin, following a strategy similar to that adopted by MicroStrategy.
- This bold pivot to digital assets aims to stabilize Vanadi financially but carries notable risks tied to Bitcoin's volatile price trends.
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11 Articles
Hail Mary in Crypto: Spanish Coffee Chain Plans Massive Bitcoin Treasury—Will It Work? - Coin Surges
Vanadi Coffee, a Spanish coffee franchise, will discuss the possibility of allocating up to 1 billion euros (nearly $1.1 billion) to establish a bitcoin treasury. The proposal, still to be approved, would position the company among the largest holders of bitcoin in Europe. Vanadi Coffee Seeks Redemption With 1B Euros Bitcoin Pivot The trend of […] Read Entire Article The post Hail Mary in Crypto: Spanish Coffee Chain Plans Massive Bitcoin Treasu…
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Cryptocurrency News | Cryptocurrency Prices | Market CapHail Mary in Crypto: Spanish Coffee Chain Plans Massive Bitcoin Treasury—Will It Work?
Vanadi Coffee, a Spanish coffee franchise, will discuss the possibility of allocating up to 1 billion euros (nearly $1.1 billion) to establish a bitcoin treasury. The proposal, still to be approved, would position the company among the largest holders of bitcoin in Europe. Vanadi Coffee Seeks Redemption With 1B Euros Bitcoin Pivot The trend of... The post Hail Mary in Crypto: Spanish Coffee Chain Plans Massive Bitcoin Treasury—Will It Work? appe…
Hail Mary in Crypto: Spanish Coffee Chain Plans Massive Bitcoin Treasury—Will It Work? – Crypto News Bitcoin News
Vanadi Coffee, a Spanish coffee franchise, will discuss the possibility of allocating up to 1 billion euros (nearly $1.1 billion) to establish a bitcoin treasury. The proposal, still to be approved, would position the company among the largest holders of bitcoin in Europe. Vanadi Coffee Seeks Redemption With 1B Euros Bitcoin Pivot The trend of […]
Spanish Coffee Chain Vanadi Wants to Invest $1B in Bitcoin: Report
The list of companies embracing bitcoin and adding the digital asset to their corporate treasuries continues to grow by the day. The Spanish coffee chain Vanadi Coffee may become the latest addition to that list if its board of directors approves a proposal to invest €1 billion (over $1.1 billion) in BTC. Local media Alicante Plaza reported that Vanadi will propose making a billion-dollar investment in bitcoin during the next shareholders’ meeti…
Vanadi Coffee Plans a $1.1B Bitcoin Strategy as Price Turn bullish - The Market Periodical
Key Insights Spanish Coffee House plans to acquire $1.1B in Bitcoin to shift toward a BTC-first business model. Vanadi stock reacts sharply to an initial 5 BTC purchase and volatility. Analyst charts show BTC breakout from wedge, targeting $114K, $116K, and $120K levels. Vanadi Coffee, a Spanish coffee chain is attempting a bold shift from cappuccinos to cryptocurrency as Bitcoin eyes $120K. House Proposes $1.1B BTC Pivot to Offset Financial Lo…
Spanish Coffee Chain Vanadi to Invest $1.1B in Bitcoin After 2024 Losses
The post Spanish Coffee Chain Vanadi to Invest $1.1B in Bitcoin After 2024 Losses appeared on BitcoinEthereumNews.com. Vanadi Coffee plans to invest $1.1 billion in Bitcoin after incurring losses in 2024. Chairman Martí seeks board approval for major BTC accumulation. Strategy mirrors MicroStrategy’s successful Bitcoin-first model. Vanadi Coffee, a well-known Spanish café chain, is making headlines with its bold decision to invest over $1.1 bill…
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