Vanadi Coffee invested in bitcoin. Now he has problems, but not because of the cryptocurrency

Key takeaways:

Investor Vallecid demands the dismissal of the management board of Vanadi Coffee due to high commissions and remuneration related to investments in bitcoin and possible financial irregularities.

The company underwent a transformation from a coffee chain to an entity investing in BTC, which was perceived as a risky and desperate attempt to improve its financial situation.

Despite the initial increase in the share price, their value dropped by over 97%, and investing in bitcoin with a high purchase cost increases the risk of further losses.

Vanadi Coffee, a coffee chain turned bitcoin investment fund, is now in big trouble. The reason is the dilution of shareholders’ interests.

Vanadi Coffee decided to invest in BTC

Vallecid, a Canarian conglomerate that has approximately 10% of shares in Vanadi Coffee, wants to dissolve the current management board of the coffee chain. All because of the high salaries that company members receive every time the company obtains funds to purchase bitcoins.

As reported El EconomistaVallecid wants “an examination, detailed explanation and accounting by the board of directors of all forms of remuneration, extraordinary commissions and advances – both in cash and in kind – received by members of the board of directors or persons associated with them and associated with Vanadi.”

There are many indications that Salvador Martí, founder of Vanadi Coffee and president of the management board, was to receive 1.5% for support and 2% for managing each financial transaction that was used to invest in BTC. The money was raised from Patblasc and GCFO21, key financiers approved by the company. In total, as expected, nearly USD 1.1 billion was to be spent on the purchase of BTC.

Apart from Martí, another member of the management board was to receive remuneration amounting in some cases to 5% of the value of the tranche allocated for investments.

Vallecid wants not only the dissolution of the board of directors, but also the annulment of the permits that allowed board members to collect their bonus salaries. The company suggests taking legal action.

From a coffee chain to a bitcoin investor

In 2025, Vanadi changed its business profile: it switched partially from being a coffee chain to an entity investing capital in bitcoins. So it was partly a duplication of Strategy’s activities. At the same time, however, the core business of coffee franchising was retained. The local press saw everything as a desperate attempt to save the company in the face of its difficult financial situation.

However, Vanadi Coffee’s share price increased after the company announced this hybrid model. Since then, the share price has plummeted, losing over 97% of its value this year. The company currently holds 223 BTC at an average acquisition cost of $116,340 per bitcoin, having spent over $11.5 million to accumulate this digital asset.

Vanadi Coffee invested in bitcoin. Now he has problems, but not because of the cryptocurrency – Bitcoin.pl

Vanadi Coffee decided to invest in BTC

From a coffee chain to a bitcoin investor