Vanadi Coffee Bet on Bitcoin to Save the Network
Date: 2025-07-01 Author: Oliver Abernathy Categories: BUSINESS
Vanadi Coffee, which owns six establishments across Spain, has announced its intention to turn Bitcoin into the main asset of its treasury. At a shareholders' meeting on June 29, all shareholders supported the plan proposed by the board of directors at the beginning of the month. According to the plan, the company will spend up to one billion euros on purchasing BTC and will attract the necessary funds through the issue of convertible bonds.
Vanadi Coffee was inspired by companies such as Strategy from the USA and Metaplanet from Japan. They have already established themselves as pioneers in the use of cryptocurrencies to preserve and increase capital. The Spanish coffee shop chain decided to follow their path and has already managed to purchase the first 54 bitcoins worth about $5.9 million.
Vanadi Coffee was not doing well last year, with losses amounting to €3.3 million. This did not allow the company to independently finance large purchases of crypto assets. In order to implement the ambitious plan, Vanadi Coffee had to turn to investors for money. After the announcement of the idea to invest in BTC, the company's shares rose sharply in price - the growth amounted to an impressive 249% in just June.
Such a strong interest in the shares gives reason to believe that the company will easily place convertible bonds and receive the necessary capital. If successful, Vanadi Coffee could become the first catering company in Spain to officially make bitcoin its main reserve.
Now the chain's management sees cryptocurrency as a chance not only to keep the business afloat, but also to take it to a new level by offering investors a unique approach to financial management. Despite the risks associated with the high volatility of digital assets, the example of Strategy and Metaplanet shows that such a strategy can yield good results.
The financial report, filed on June 29, confirms that the first steps towards implementation have already been taken. In the coming months, the company expects to complete the placement of bonds and increase the amount of bitcoins in the reserve. Investors are closely monitoring the developments, and market experts predict that such steps can inspire other small chains in Europe to make bold investments in the crypto market.
Vanadi Coffee is confident that thanks to bitcoin, the chain will not only be able to overcome last year's losses, but also take a leading position among independent cafes in Spain, becoming a noticeable player at the intersection of the restaurant business and the crypto industry.
