Vanadi Coffee Adds 10 BTC to Reach 223 Holdings as Correlation Hits -0.90

On June 30 2026, Spanish cafe chain Vanadi Coffee purchased an additional 10 Bitcoin, lifting its corporate treasury to 223 BTC following shareholder approval of up to €1 billion in acquisitions. The move comes as Bitcoin’s 52-week correlation with USD/JPY has plunged to -0.90, sharply undercutting the traditional yen-carry-trade narrative. With USD/JPY hovering near 160-162 and the Fed-BoJ rate gap at 275-300 basis points, the crypto is increasingly driven by U.S. policy, ETF flows, and regulatory factors rather than yen-funded risk appetite. The shift suggests potential intervention-driven yen strength could paradoxically support Bitcoin under the new inverse relationship.