PANews June 4 news, according to BeInCrypto, Spanish coffee chain Vanadi Coffee SA plans to invest over $1.1 billion to purchase Bitcoin, following MicroStrategy's lead, and will fully shift the company's strategic focus to Bitcoin. Chairman Salvador Martí is expected to request authorization to implement a Bitcoin reserve strategy at the next board meeting on June 29 and obtain financing approval. The company has already completed its first purchase, spending $500,000 to acquire 5 BTC. This strategy aims to reverse the company's projected $3.7 million loss in 2024.
