Implications of Vanadi Coffee’s $1.1B Bitcoin Acquisition Plan

Vanadi Coffee SA, a Spanish coffee chain, has proposed a plan to invest approximately $1.1 billion (€1 billion) in Bitcoin, aiming to pivot from a traditional coffee business to a “Bitcoin-first” company. This strategy, led by Chairman Salvador Martí, is inspired by MicroStrategy’s approach to accumulating Bitcoin as a treasury reserve asset. The proposal, which [...]The post Implications of Vanadi Coffee’s $1.1B Bitcoin Acquisition Plan appeared first on Tekedia.

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