Spanish Cafe Chain Vanadi Coffee Board Approves $1.17B Bitcoin Investment Plan, Adds 20 BTC

Adoption Bitcoin

Author

Sujha Sundararajan

Author

Sujha Sundararajan

About Author

Sujha has been recognised as 🟣 Women In Crypto 2024 🟣 by BeInCrypto for her leadership in crypto journalism.

Author Profile

Share

Copied

Last updated: 

June 30, 2025

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Vanadi Coffee, a cafe chain with six outlets in Spain, has announced that stakeholders have approved a €1 billion ($1.17 billion) Bitcoin investment plan, in a move to “redefine” its business model.

The company reported a loss of €3.3 million ($3.86 million) in 2024, a 15.8% increase from the previous year. As a result, the beleaguered Vanadi has pivoted to a shift in its strategy, adopting Bitcoin as its primary reserve asset.

“Vanadi Coffee has adopted a number of financial instruments to support its Bitcoin strategy since last April and will use Bitcoin as a strategic store of value in its new business model,” the coffee chain said in an official announcement.

Vanadi Coffee’s Billion-Euro BTC Play

The coffee chain has taken its cue from major international players that are betting big on a similar BTC strategy, including Saylor’s Strategy and Japanese Metaplanet.

The company said that it is aiming to accumulate “large amounts of Bitcoin” as part of its treasury. Further, it said that Bitcoin investment is a long-term commitment.

“Vanadi Coffee is diversifying its business into Bitcoin investment and management and other cryptocurrency-related areas,” the coffee chain noted.

Further, the firm aims to create a strategic window for investors, given the scarcity of BTC treasury companies listed in Spain and EU markets.

Vanadi Coffee Acquires Additional 20 BTC, Currently Holds 54 BTC

The coffee group has added 20 BTC to its Bitcoin stash on Sunday, the company said in a separate announcement. The new purchase adds up to its already existing treasury, totalling 54 BTC, worth $5.8 million at press time.

Vanadi has partnered with Spanish firm Bit2Me as its exclusive liquidity and custody provider.

Interestingly, per Google Finance data, Vanadi’s shares on BME Growth tripled this month, after it announced its BTC acquisition plans.

Recently, a flurry of companies have announced their Bitcoin treasury play, including crypto exchange Bakt, which recently filed for a $1 billion S-3 registration to fund Bitcoin acquisitions.