- Vanadi is shifting from coffee to crypto with a $1.1B Bitcoin bet, mirroring MicroStrategy’s bold accumulation strategy.
- Semler Scientific has added 185 BTC using equity proceeds, bringing its total holdings to 4,449 BTC worth $467 million.
- Corporate Bitcoin adoption is accelerating globally as diverse firms increasingly pursue BTC-first reserve strategies amid rising interest.
Vanadi, a Spanish coffee chain, is pivoting sharply toward Bitcoin. The firm plans to invest over $1.1 billion into the cryptocurrency. Chairman Salvador Martí is spearheading this transformation after Vanadi reported losses in 2024. He aims to turn the company into a fully Bitcoin-first entity. Unlike other firms using BTC as a hedge, Vanadi plans to reshape its business model entirely around Bitcoin.
Martí has already initiated the shift by purchasing 5 BTC for around $500,000 two weeks ago. Consequently, Vanadi’s stock briefly surged. However, most gains faded shortly after. This initial move signals Martí’s commitment to the digital asset. At the next board meeting on June 29, he will seek full approval to roll out the broader strategy. He is also requesting carte blanche to secure convertible financing lines.
Vanadi Echoes MicroStrategy’s Bold Playbook
Besides the Bitcoin buy, Martí is planning a equity offering. This mirrors MicroStrategy’s earlier approach led by Michael Saylor. Martí aims to raise capital to accumulate more Bitcoin. Notably, the $1.1 billion investment target translates to roughly 1 billion euros.
This move would make Vanadi one of Europe’s most aggressive corporate Bitcoin holders. Moreover, the transition reflects a growing trend among global firms. Companies from Chinese logistics to French soccer teams are rapidly joining the Bitcoin accumulation race. Vanadi, though a newcomer, is making a high-stakes entrance.
Semler Scientific Ramps Up Bitcoin Holdings
Meanwhile, Nasdaq-listed Semler Scientific has also expanded its Bitcoin portfolio. Between May 23 and June 3, the firm bought 185 BTC. The purchase, valued at $20 million, used proceeds from common stock sales. Semler raised $136.2 million via an ATM program supported by major investment firms.
Semler now holds 4,449 BTC, worth around $467 million. The firm bought its stash at an average price of $92,158. Hence, it sits on unrealized gains of roughly $57 million. Founded in 2007, Semler focuses on medical-grade software and diagnostics.
The global trend of firms adopting Bitcoin is gaining traction. The digital asset trades at $105,160, down 0.84% today. However, institutional interest continues to grow. As businesses shift toward Bitcoin-first strategies, the corporate crypto race is clearly heating up.
