Vanadi Coffee Boardroom Battle Erupts Over Exorbitant Bitcoin Fees

Vanadi Coffee, a coffee shop franchise that shifted to a Bitcoin treasury model in 2025, is facing internal turmoil due to high fees collected by some of its board members. The company's current financial structure has come under fire from Vallecid, a Canarian conglomerate that owns nearly 10% of Vanadi's shares.

According to reports, the board members receive up to 5% in fees for each bitcoin transaction, which has led to shareholder dilution and legal threats. Vallecid is petitioning for a board shakeup and an examination into these fees.

The company's stock price crashed by over 97% after it pivoted to Bitcoin, wiping out its market value despite holding 223 BTC at an average cost of $116,340 per bitcoin, totaling over $11.5 million in accumulated assets.