Vanadi Doubles Down on Bitcoin After Stock Tanks 90%

Another day, another distressed asset play—this time with a crypto twist. Vanadi, fresh off a brutal 90% equity wipeout, is pivoting hard into Bitcoin accumulation. Because nothing says 'contrarian bet' like swapping vaporized stock value for digital volatility.

The move reeks of either desperation or diamond-handed conviction—take your pick. But in today's market, where traditional finance keeps tripping over its own red tape, maybe flipping equity carcasses for Satoshis isn't the worst idea. Just don't ask the SEC for a blessing.

Corporate Bitcoin pivots face wide criticism

Vanadi is the latest in a growing list of companies attempting to emulate Michael Saylor’s bitcoin accumulation strategy. However, many of the firms pursuing similar pivots are already struggling in their core operations. Rather than using Bitcoin as a diversification tool, they often seek to raise capital at inflated valuations and ride the hype wave.

Bitcoin maximalists consistently distort the truth to serve their own interests. Their goal isn’t education—it’s about luring in more sheep to pump their bags.

Case in point: they recently hyped up the idea that “coffee giant” Vanadi was planning to invest billions in BTC. In… pic.twitter.com/ysMMR4jEE8

Since its launch in 2023, Vanadi’s share price has plummeted from its IPO level of $3.30, losing more than 90% of its value. While the Bitcoin strategy announcement sparked some short-term optimism—boosting the share price by 18.8%, the stock remains well below its IPO price. As of June 4, Vanadi Coffee SA was trading at $0.3280 per share on the Madrid Stock Exchange.