Spanish franchise Vanadi Coffee is now ready to execute its bitcoin purchase strategy and cryptocurrency pivot following the approval of this move at a shareholder meeting. The company already holds 54 BTC under the custody of the Spain-based exchange Bit2me. More people getting involved in crypto-currency and actually using it to purchases things will drive the adoption level no doubt and anyone should know this by now.
But what caught my attention right now is that the franchise here is storing their 54 BTC on an exchange according to the news. I don't know if they own this exchange or have invested largely in the exchange but holding such amount of Bitcoin on an exchange shows they haven't really understood what crypto-currency is all about.