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- Vanadi Coffee plans to invest up to €1 billion in Bitcoin.
- The company already holds 54 BTC worth $5.8 million.
- Vanadi shares tripled after the announcement.
Vanadi Coffee, a small Spanish café chain listed on BME Growth, has taken a bold leap. On June 29, its shareholders approved a plan to invest up to €1 billion, around $1.17 billion, in Bitcoin. The move positions Vanadi as the first publicly listed firm in Spain with a Bitcoin-focused treasury.
This change in strategy represents a turning point for the cafe brand with six locations, which is in Alicante. After struggling with financial losses in 2024, including a deficit of 3.3 lakhs €, the company is now looking for stability and growth directed to digital assets.
The decision came when Vanadi started to buy Bitcoin. She had purchased 54 BTC, including June’s 20 BTC purchase. These assets are currently valued at $5.8 million based on current market rates.
Vanadi Adopts Bitcoin Reserve Strategy
The announcement had a dramatic effect on the stock of Vanadi. The shares increased more than three times in June. As the company disclosed its plan to aim the strategies of global companies such as MicroStrategy, investor confidence increased.
Vaanadi intends to use Bitcoin as the main reserve asset. The approval of the shareholders shows that there is support for this nontraditional direction. Although ambitious, Vaanadi’s finance minister strategy is not without a previous example.
However, unlike technical giants or financial authorities, Vanadi moves into place with minor crypto exposure. This can cause difficulties. Nevertheless, as a liquidity and custody provider, his decision to work with Bit2Me, a Spanish crypto company, can help reduce the risk.
Vanadi Plans Bitcoin-Focused Expansion
The plan includes potential funding sources. In May, Vanadi received proposals from two entities. One came from a local software consulting firm. The other came from Alpha Blue Ocean, a family office that claims over €1.5 billion in investments across multiple countries.
These investors may help support Vanadi’s Bitcoin acquisitions in the months ahead. Globally, other firms are also revisiting Bitcoin as a strategic asset. For instance, Bakkt, a U.S.-based crypto platform, recently announced a similar $1 billion BTC plan. Vanadi’s entry into this space adds a new player to the list.
But its size, experience, and core business in hospitality make its story stand out. The café chain’s pivot to Bitcoin comes at a time when traditional industries seek digital alternatives. Whether this gamble pays off or not, Vanadi has already reshaped its identity and sparked fresh attention, both from investors and the crypto world.
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