Bitcoin surged above $108K this week, fueled by institutional support and spot ETF inflows. Meanwhile, Vanadi Coffee—a Spanish café chain—announced plans to allocate up to $1.17 billion to Bitcoin as a reserve asset, despite recent losses. In meme coin news, Bitcoin Pepe (BPEP) has raised $16.1M in its presale, gearing up for major exchange listings.
Market Update: Bitcoin Breaks Resistance
- Price Action: BTC climbed 1% Monday, peaking at $108,570 before a slight correction.
- Catalysts: Institutional demand, ETF inflows, and eased geopolitical tensions (Israel-Iran ceasefire) boosted sentiment.
- Key Level: A sustained close above $108,500 could propel BTC toward $110K and new all-time highs.
Vanadi Coffee’s Bold Bitcoin Strategy
Vanadi Coffee, a loss-making Spanish chain, pivoted to Bitcoin as its primary reserve asset:
- Approved Purchase: Shareholders greenlit a €1B ($1.17B) BTC allocation.
- Current Holdings: 54 BTC (~$109,880 per coin) stored with Bit2Me, a regulated Spanish exchange.
- Stock Surge: Shares rose 240% in a month post-announcement, despite $3.9M annual losses.
Why? Vanadi aims to emulate corporate treasuries (e.g., Strategy) by treating Bitcoin as a long-term store of value.
Bitcoin Pepe Presale Hype
The BPEP token presale has captivated investors:
- Funds Raised: $16.1M ahead of upcoming exchange listings.
- Speculation: Binance or Coinbase listings could amplify trading volume and price momentum.
- Utility Boost: Planned Layer 2 features (DEX, Bitcoin bridge) and a 15,000% APY staking pool aim to transition BPEP from meme coin to ecosystem player.
👉 Explore Bitcoin Pepe’s roadmap
FAQ
Why is Bitcoin rising?
Institutional ETF inflows and reduced geopolitical risks are key drivers.
What’s unique about Bitcoin Pepe?
It combines meme virality with Layer 2 infrastructure for low-fee Bitcoin transactions.
Is Vanadi Coffee’s BTC bet risky?
Yes—but the 240% stock surge reflects market optimism about their crypto pivot.
Keywords: Bitcoin Price, Vanadi Coffee, Bitcoin Pepe, BPEP Presale, Crypto ETFs, BTC Reserve Assets
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