Spanish Coffee Chain Vanadi Invests $1.1 Billion in Bitcoin

Vanadi Coffee SA, a Spanish coffee shop chain, is undergoing a major restructuring plan, investing over $1.1 billion in Bitcoin. This ambitious move aims to shift the company from its traditional coffee distribution business into a fully Bitcoin-focused model. Chairman Salvador Martí has requested board approval for this cryptocurrency investment, echoing the successful strategy employed by MicroStrategy. Facing financial challenges, Vanadi seeks to revitalize itself through Bitcoin, seeking inspiration from similar case studies of companies like GameStop and Strategy.