Vanadi Coffee's Stock Plummets 97% Amid Board Fee Controversy Over Bitcoin Financing

BTC0.73%
According to El Economista, Vanadi Coffee, a Spanish coffee franchise that pivoted to a bitcoin treasury strategy in 2025, faces internal shareholder conflict as board members collected excessive fees on cryptocurrency financing deals. Vallecid, a conglomerate controlling nearly 10% of the company, demanded the dissolution of the current board, citing director compensation of up to 5% per bitcoin purchase transaction, with founder Salvador Martí receiving 1.5% for endorsement and 2% for transaction management. Vallecid petitioned for nullification of these fee approvals and signaled potential legal action. The company's stock has crashed 97% in a year despite holding 223 BTC valued at approximately $11.5 million at an average acquisition cost of $116,340 per bitcoin.
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