Vanadi Coffee shareholders approved the Bitcoin investment of 1 billion euros

Vanadi Coffee, a small café chain based in Spain, officially approved the plan to invest up to Bitcoin up to 1 billion euros with a shareholder vote on June 29th. With this strategy, Vanadi reinforces the title of being the first public company that holds the Bitcoin treasure of Spain.

Currently holding 54 BTC (about 5.8 million dollars), Vanadi drew attention with a new purchase of 20 BTC in June. With this aggressive step, the company participates in global companies that adopt the strategies of Bitcoin Treasury such as Microstrategy and Metaplanet.

📈 Shares have doubled

Vanadi Coffee, who announced the investment plan at the beginning of June, has won three times in the last 30 days in the Spanish BME Growth market. In 2024, this step of the company, which announced 3.3 million euros and had a hard time, created great excitement among investors.

The company’s statement, the following statement was given:

“Similar to companies such as Microstrategy or Metaplanet, Vanadi Coffee redefines the business model and aims to accumulate a large amount of BTC by adopting Bitcoin as the main reserve presence.”

🤝 Partnership with Bit2me, Investor Support

In May, Vanadi announced that he received two investment proposals:

50 million euros by an Alicante -based software consulting company

An offer by a family office named Alpha Blue Ocean and with an investment history of more than 1.5 billion euros in 15 countries.

Vanadi also announced that it has established a special partnership with Bit2me as a crypto storage and liquidity provider. This cooperation aims to support the technical and security infrastructure of the investment plan.

🌍 Global trend in Bitcoin treasure

Vanadi’s move points to a rising corporate BTC trend around the world. For example, the crypto storage company BAKKT recently announced a BTC purchase plan of $ 1 billion. However, Vanadi’s relatively small scale and limited crypto experience may be a difficulty in front of this target.

Nevertheless, this development shows that even small companies operating in traditional sectors began to adopt Bitcoin as a strategic being.