Vanadi Coffee boosts Bitcoin holdings to 173 BTC

The Spanish public company acquired an additional 12 Bitcoin.

Vanadi Coffee boosts Bitcoin holdings to 173 BTC

Key Takeaways

  • Vanadi Coffee has increased its Bitcoin holdings to 173 BTC.
  • The latest purchase of 12 Bitcoins boosts its position on the Bitcoin 100 Ranking to 91st.

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Vanadi Coffee, a Spanish public coffee chain, has purchased an additional 12 Bitcoin, bringing its total holdings to 173 BTC worth $16 million.

The acquisition places Vanadi Coffee at 91st on the Bitcoin 100 Ranking, which tracks corporate Bitcoin holdings among public companies, per BitcoinTreasuries.net.

Vanadi has implemented a Bitcoin treasury strategy since last May, regularly acquiring the digital asset as part of its corporate reserves. The company is the largest publicly listed Bitcoin holder in Spain.

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