Spanish coffee chain Vanadi Coffee approves about $1.17 billion in Bitcoin investment plan

According to Foresight News, shareholders of Spanish coffee chain Vanadi Coffee voted to approve a plan on June 29 to invest 1 billion euros (about $1.17 billion) in Bitcoin, according to The Block. The company has purchased 54 bitcoins (approximately $5.8 million) and has partnered with Bit2Me to use it as its sole liquidity and custody provider.

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