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Spanish coffee chain Vanadi bets on Bitcoin to reverse fortunes

Photo credit: Vasilis Chatzopoulos

Board approval for plan to acquire up to €1bn ($1.17bn) in Bitcoin comes after the Alicante-based business posted a €3.3m loss in 2024 and significantly scaled back growth plans amid flat sales 

Spanish coffee chain Vanadi is planning to acquire up to €1bn ($1.17bn) in Bitcoin to attract new investors and strengthen its bottom line. 

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