UK-listed company Satsuma completes $136 million financing to accelerate Bitcoin accumulation strategy

ChainCatcher news, UK-listed company Satsuma (formerly Tao Alpha) announced the completion of £100 million ($136 million) in private financing to accelerate its Bitcoin funding strategy. In addition, the company will initiate a short-term third round of financing, which will be limited to individual investors identified by the company as key strategic qualified investors in the US. The total financing is expected to be no more than £10 million and is expected to be completed around July 28, 2025.

Previous report, Satsuma announced its first purchase of 28.56 BTC.