Spanish Coffee Chain to Follow MicroStrategy with $1 Billion Bitcoin Bet

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So, Vanadi – a charming little Spanish coffee chain – has decided that the best way to combat its recent loss of money is by throwing $1.1 billion into the very thing that can make you rich or leave you crying into your cortado: Bitcoin. Because, why not? 🙄

Apparently, they’re not just dipping their toes in the crypto waters, they’re cannonballing in. This isn’t some “let’s diversify” nonsense. No, no – this is a full-on “let’s be a Bitcoin company” move. After losing a neat little $3.7 million in 2024 (which, shocker, is almost $600,000 MORE than their yearly revenue – yikes), Chairman Salvador Martí thought, “Why not double down and see what happens?” Web3, baby. 🚀

Vanadi Coffee: Now with 100% More Bitcoin!

It wasn’t enough for MicroStrategy to be the first to pile up Bitcoin like a treasure hoarding dragon – now it’s spreading like a viral TikTok challenge. Chinese logistics companies, French soccer teams – heck, even your neighbor’s dog – are getting in on the action. So naturally, Vanadi’s just like, “Hold my espresso.” ☕💰

According to local media, Vanadi’s about to make a big, splashy move: they’re investing $1.1 billion in Bitcoin. Yes, you read that correctly. Not a typo. 1.1 BILLION. I guess the goal is to go from “we sell coffee” to “we sell coffee AND Bitcoin.”

While some companies use Bitcoin as a nice little side reserve to spice up their portfolios, Vanadi’s throwing all its eggs into one volatile, digital basket. Salvador Martí (the man, the myth, the legend) is clearly channeling his inner Michael Saylor here. Forget coffee beans – it’s all about BTC beans now.

“I ask the board for authorization to implement the Bitcoin accumulation strategy with a maximum of 1 billion euros ($1.1 billion USD) and carte blanche to negotiate one or more lines of convertible financing to finance the implementation of the strategy,” Martí reportedly said. Well, okay then. 😎

Now, if this plan sounds familiar, it should. Martí’s taking a page straight out of the MicroStrategy playbook – you know, that thing where you mortgage everything you have to buy Bitcoin. Not a gamble. A “strategy.” Just like how Michael Saylor did it.

And get this: Martí already made the first purchase: 5 BTC for about $500,000. This little venture caused Vanadi’s stock to shoot up, but of course, the excitement was short-lived. The gains fizzled out faster than a flat latte. ☕📉

So, yeah, this could go GREAT or… really not. Bitcoin might be chill right now, but when has it EVER stayed chill for long?

But hey, what else is Vanadi supposed to do? With 2024’s losses dragging the company down, Bitcoin might just be their best shot. If Gamestop can turn things around with a Bitcoin investment, maybe Vanadi can too. Or maybe this will be the greatest coffee-flavored disaster in history. Stay tuned. ☕💸

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2025-06-04 03:01