Vanadi Espresso, a restaurant chain with six retailers in Spain, has introduced that stakeholders have accepted a €1 billion ($1.17 billion) Bitcoin funding plan, in a transfer to “redefine” its enterprise mannequin.
The corporate reported a lack of €3.3 million ($3.86 million) in 2024, a 15.8% enhance from the earlier 12 months. Because of this, the beleaguered Vanadi has pivoted to a shift in its technique, adopting Bitcoin as its major reserve asset.
“Vanadi Espresso has adopted plenty of monetary devices to assist its Bitcoin technique since final April and can use Bitcoin as a strategic retailer of worth in its new enterprise mannequin,” the espresso chain stated in an official announcement.
Vanadi Espresso’s Billion-Euro BTC Play
The espresso chain has taken its cue from main worldwide gamers which can be betting huge on the same BTC technique, together with Saylor’s Technique and Japanese Metaplanet.
The corporate stated that it’s aiming to build up “giant quantities of Bitcoin” as a part of its treasury. Additional, it stated that Bitcoin funding is a long-term dedication.
“Vanadi Espresso is diversifying its enterprise into Bitcoin funding and administration and different cryptocurrency-related areas,” the espresso chain famous.
Additional, the agency goals to create a strategic window for buyers, given the shortage of BTC treasury firms listed in Spain and EU markets.
Vanadi Espresso Acquires Extra 20 BTC, At the moment Holds 54 BTC
The espresso group has added 20 BTC to its Bitcoin stash on Sunday, the corporate stated in a separate announcement. The brand new buy provides as much as its already present treasury, totalling 54 BTC, value $5.8 million at press time.
Amped up on caffeine, Vanadi Espresso (https://t.co/doyQCPelOe)
are solidly within the purchase zone with one other 20 BTC on the books (now 54). https://t.co/zqL8J0C2XC pic.twitter.com/DnRmA0tEn4— MicroStrategist.com | BitcoinPower.Regulation (@BitcoinPowerLaw) June 29, 2025
Vanadi has partnered with Spanish agency Bit2Me as its unique liquidity and custody supplier.
Curiously, per Google Finance knowledge, Vanadi’s shares on BME Progress tripled this month, after it introduced its BTC acquisition plans.
Just lately, a flurry of firms have introduced their Bitcoin treasury play, together with crypto change Bakt, which not too long ago filed for a $1 billion S-3 registration to fund Bitcoin acquisitions.
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