
Vanadi Coffee, a Spanish coffee chain, announced plans to invest over $1.1 billion (approximately €1 billion) in Bitcoin as part of a strategic shift to become a Bitcoin-first company. Inspired by MicroStrategy, the company aims to transform its business model by prioritizing cryptocurrency over its traditional coffee operations. This move comes as Vanadi Coffee faces challenges, including a 99% drop in its market value since its 2023 debut. The announcement has led to a jump in the company's shares following the initial Bitcoin purchase. Separately, in San Francisco, a tech entrepreneur is attempting to acquire the iconic Toronado beer bar. However, the sale has become contentious, with the seller allegedly trying to back out by citing missed contingencies, while the buyer disputes claims that necessary documents were not provided on time. This dispute has attracted media attention, highlighting the complexities involved in the transaction.
NEW: A tech investor’s plan to buy landmark San Francisco bar Toronado has turned into a tortured battle By @Esther_mobley Photo: @gabriellelurie https://t.co/KD78jUu68g
Apparently a tech entrepreneur is under contract to buy this famous beer bar in San Francisco (Toronado) And the seller is allegedly trying to get out of selling it to them by claiming the buyer didn’t wave contingencies in time Buyer claims seller didn’t turn over the https://t.co/gLxlJXfxEg https://t.co/bNm2wX1Euh
A cryptocurrency investor wants to buy the legendary beer bar. But it may not want him. https://t.co/GI3hqJCK6R







