Vanadi Coffee, a Spanish cafe chain with six locations, has increased its Bitcoin holdings by 10 BTC, bringing its total to 223 BTC valued at about $12.7 million. This move follows a shareholder-approved strategy from June 2025 to use Bitcoin as a primary treasury asset. Despite operating losses of €3.3 million in 2024, the company is betting on Bitcoin's value rising above its average purchase price of around $99,548 per coin. The key risk is whether Vanadi can sustain its cafe business while heavily investing in Bitcoin, with future purchases potentially funded through equity, debt, or cash flow from its cafes.
Li Auto delivered 29,025 vehicles in October 2026, bringing total deliveries to over 1.86 million. The company introduced over 3,000 units of the new Li MEGA and launched the 2026 Li i6 model equipped with its proprietary Lianshan Battery and advance...
Core Natural Resources has settled a $125.4 million insurance claim related to Leer South, enhancing its financial position. This settlement supports the company's ability to accelerate share repurchases, aligned with its policy of returning 75% of f...
Ethereum co-founder Vitalik Buterin highlighted India's significant role in the global tech scene, noting the country holds 17% of the world's population and has many developers working on Ethereum-related technologies. He emphasized India's contribu...
A recent snapshot of Binance's Ether (ETH) perpetual futures order book revealed a significant buy bid of 5,039.67 ETH at $2,265, totaling about $11.41 million. The bid price was slightly below the midpoint price of $2,269.01. Overall, buy orders on ...
OmniAb has reached a point where it no longer needs investor funding to operate, achieving self-sustaining cash flow. The company’s portfolio includes contractually protected options on hundreds of programs, with potential milestones exceeding $3 bil...
