TechFlow news, June 4 — According to Beincrypto, Spanish coffee chain Vanadi Coffee announced plans to invest over $1.1 billion in purchasing BTC, aiming to transform into a "Bitcoin-first" company.
Salvador Martí, Chairman of Vanadi's Board, stated he will seek board authorization to implement this Bitcoin accumulation strategy and plans to finance the initiative through stock and convertible bond issuances. The company reportedly purchased 5 Bitcoin around two weeks ago at a cost of approximately $500,000.




