Vanadi Coffee Goes All-In: Spanish Chain Greenlights $1.17B Bitcoin Bet & Buys 20 BTC

Barcelona-based Vanadi Coffee just made Wall Street blush—the caffeine empire's board approved a $1.17 billion Bitcoin treasury allocation while snapping up 20 BTC. Talk about liquid assets.

From Cortados to Cold Storage

The specialty coffee chain—with 120 locations across Iberia—is brewing up a crypto storm. Forget FDIC insurance; their new risk management strategy involves hardware wallets and hopium.

Bear Market? More Like Espresso Shots

While traditional finance frets over yield curves, Vanadi's CFO casually dropped 'hyperbitcoinization' in the press release. Their treasury now holds more BTC than some microstates—and probably better liquidity.

The Iced Latte Index

20 fresh BTC hits their balance sheet as institutional FOMO meets artisanal roasting. Meanwhile, Goldman Sachs is still 'evaluating blockchain opportunities' over $500/hour consultant lunches.

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.

Amped up on caffeine, Vanadi Coffee (https://t.co/doyQCPelOe)
are solidly in the buy zone with another 20 BTC on the books (now 54). https://t.co/zqL8J0C2XC pic.twitter.com/DnRmA0tEn4

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.