Vanadi, a Spanish coffee series, plans to invest more than $ 1.1 billion in Bitcoin as part of its new backup strategy. This is part of the growing trend in corporate management halls all over the world.
The company does not plan to use BTC to complete its income, but to become an entire Bitcoin entity. After losing money in 2024, the Chairman of the Board of Directors, Salvador Marti, is gambling on Web3.
Vannad coffee to buy bitcoin
Microstrategy has been the first company to build a major stock of Bitcoin, but it has become a major trend in recent months. Various companies from Chinese logistical companies buy French football teams, and join a new competitor.
Local media recently reported that Vanadi Coffee SA, a Spanish company, will invest $ 1.1 billion in Bitcoin.
Some major companies have used Bitcoin reserves to increase a variety of wallets, but this is not the goal of Vanadi. The Chairman of the Board of Directors, Salvador Marti, plans to redirect his entirely from coffee to bitcoin, similar to Microstrategy. The next Board of Directors will take place on June 29, and Marti clearly described the transfer of Al-Fanadi to BTC-Purst.
“I am asking the Board of Directors to implement a bitcoin accumulation strategy with a maximum of 1 billion euros ($ 1.1 billion) and Planch’s hypeality to negotiate one or more transferred funding line to finance the implementation of the strategy,” and replied that Marti claims.
Microstrategy’s plan in several clear ways. Like Michael Silor, Marti plans to make a huge new offer for fans to finance these bitcoin acquisitions.
He already purchased the first, bought 5 BTC for about $ 500,000 two weeks ago. This greatest commitment caused jumping, but most of the gains today evaporated:
The performance of the chaotic stocks highlights the potential risks of the Fanadi axis to Bitcoin. BTC may be less volatile than usual at the present time, but it can be very unexpected regardless.
Connecting the company’s fate to Bitcoin also displays it to a wide range of new dangers.
However, Bitcoin may be the best hope for Vanadi. The company lost $ 3.7 million in 2024, approximately $ 600,000 more than its annual revenue.
Gamestop found itself in a similar position earlier this year, but its Bitcoin’s investment has invested well. Since investing in March, Gamestop has doubled to become a major pregnant woman. Bitcoin may be the same.
The Spanish coffee chain to follow Microstrategy appeared with a billion dollars of Bitcoin Bet first on Beincrypto.
