Vanadi Coffee's stock price has risen by over 318% in the past month, with a market value of $16.36 million

According to BlockBeats, on July 1st, Vanadi Coffee, a coffee chain brand listed in Spain, saw its stock price rise by over 318% in the past month, with a market value of 13.89 million euros, or approximately 16.36 million US dollars. Previously, shareholders of Vanadi Coffee had approved its plan to invest up to 1 billion euros to purchase Bitcoin, with the goal of following the MicroStrategy model and becoming the largest publicly traded Bitcoin company in Spain. At present, its total holdings of Bitcoin have reached 64.