Vanadi Coffee S.A. has taken a significant step in its strategy by focusing on Bitcoin as a primary asset, potentially strengthening its market positions.
Corporate Strategic Shift
Vanadi Coffee S.A. has announced its intention to become the largest publicly listed Bitcoin holder in Spain. This decision was approved by shareholders at a recent meeting, where the Bitcoin accumulation strategy was authorized as the company’s primary asset. Through this strategy, Vanadi Coffee plans to utilize Bitcoin for further investments and growth.
Asset Management and Regulatory Compliance
In an official communication sent to BME—Growth on June 29, the company confirmed the acquisition of twenty Bitcoins at an average price of €93,444 each, increasing its total Bitcoin holdings to fifty-four under Bit2Me custody. All official documents from Vanadi Coffee adhered strictly to legislative norms, including Article 17 of Regulation (EU) No 596/2014 and Article 227 of Law 6/2023.
Expectations from the New Approach
The shift towards Bitcoin management aims to create a new business model that will appeal to institutional investors, offering them indirect access to Bitcoin through a regulated public entity. This offering remains scarce in both Spain and the broader European market.
The change in Vanadi Coffee's strategy underscores the growing interest in Bitcoin as an asset. This move may attract more attention from institutional investors and contributes to the development of the cryptocurrency market in Spain.
