Spanish coffee chain Vanadi approves € 1 billion Bitcoin investment plan

According to The Block, shareholders of Spanish chain coffee shop Vanadi Coffee approved a 1 billion euro (approximately 1.17 billion US dollars) Bitcoin investment plan on June 29th, making it the first publicly traded Bitcoin reserve company in Spain. The company has purchased 54 bitcoins (currently worth approximately $5.8 million) and partnered with Bit2Me as its sole liquidity and custody provider.