Vanadi Coffee boosts Bitcoin holdings to 173 BTC

Vanadi Coffee boosts Bitcoin holdings to 173 BTC

The Spanish public company acquired an additional 12 Bitcoin.

Vivian Nguyen

Powered by Gloria

Updated 1:24 p.m. ET

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.

Vanadi Coffee boosts Bitcoin holdings to 173 BTC

Vanadi Coffee boosts Bitcoin holdings to 173 BTC

The Spanish public company acquired an additional 12 Bitcoin.

by Vivian Nguyen | Powered by Gloria

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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.