Catenaa, Saturday, July 05, 2025-Vanadi Coffee, a boutique café chain in Spain, has approved a $1.17 billion plan to invest in Bitcoin, pivoting its business model to embrace cryptocurrency as a core financial strategy after reporting a $3.86 million loss in 2024.
The six-outlet chain announced the move Monday, saying it aims to adopt Bitcoin as its primary reserve asset, echoing the treasury strategies of firms like Strategy and Japan’s Metaplanet.
Vanadi declared its long-term commitment to accumulating substantial Bitcoin holdings and expanding into crypto investment and management services.
The board approval marks a dramatic shift in Vanadi’s direction, with executives calling the plan a strategic redefinition amid a challenging retail environment.
The company also purchased 20 additional BTC over the weekend, bringing its total holdings to 54 BTC, now worth about $5.8 million.
Vanadi has partnered with Spanish crypto firm Bit2Me for liquidity and custody support.
Officials said the company wants to position itself as a rare Bitcoin treasury-listed entity in Spain and the broader EU market, creating a new entry point for crypto-focused investors.
Shares of Vanadi on BME Growth have more than tripled in June following the announcement of its crypto treasury intentions.
The company joins a growing list of firms turning to Bitcoin for capital preservation, including crypto exchange Bakt, which recently filed to raise $1 billion for BTC acquisitions.
