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Spanish coffee chain Vanadi Coffee is making headlines with its radical plan to shift from hospitality to a Bitcoin-focused holding firm. The company proposes a €1 billion Bitcoin investment, sparking a 19.93% stock surge.
- Vanadi Coffee’s stock surged 19.93% after announcing a €1 billion Bitcoin investment plan.
- The company has faced significant financial struggles, with €3.3 million losses in 2024 and a 99% stock drop since its IPO.
- Critics argue the Bitcoin pivot is a hype-driven stunt, given Vanadi’s lack of existing crypto holdings or strong brand presence.
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