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.
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.
Source: https://cryptobriefing.com/vanadi-coffee-boosts-bitcoin-holdings/
