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Shareholders of struggling Spanish chain Vanadi Coffee back €1 billion Bitcoin plan

Shareholders of struggling Spanish chain Vanadi Coffee back €1 billion Bitcoin plan

Shareholders of Vanadi Coffee, a small publicly-listed chain that operates six cafes in Alicante, Spain, voted on June 29 to approve a plan to invest up to €1 billion in Bitcoin (about $1.17 billion USD), aiming to deepen its position as Spain's largest company with a Bitcoin treasury. Vanadi, which…