Vanadi Coffee increases holdings to 109 Bitcoin
Key Takeaways
- Vanadi Coffee, a Spanish publicly-traded coffee chain, now holds 109 Bitcoin as part of its corporate treasury.
- The company's Bitcoin strategy is intended as a hedge against economic uncertainty.
Vanadi Coffee, a Spanish publicly traded coffee chain pursuing an aggressive Bitcoin accumulation strategy for its corporate treasury, increased its Bitcoin holdings to 109 coins today.
The company has incorporated Bitcoin into its treasury management as a hedge against economic uncertainties, aligning with growing interest among European small and medium-sized enterprises in crypto for financial resilience.
Vanadi Coffee partners with Bit2Me, a Spanish crypto custodian, to securely hold its Bitcoin assets as part of its ongoing treasury strategy. The holdings position the company among firms tracked by the Bitcoin 100 Ranking system for public companies with substantial Bitcoin treasury positions.
Bitcoin continues to gain traction among public companies like Vanadi Coffee, reflecting a broader trend of firms diversifying reserves amid global economic shifts.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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