UK-listed company Satsuma completes $217.6 million financing, partly in BTC

ChainCatcher news, UK-listed company Satsuma Technology has completed a £163.7 million (approximately $217.6 million) funding round, exceeding its target by 64%. Investors include institutions such as ParaFi, Pantera, DCG, and Kraken. This funding round accepted 1,097 bitcoins as part of the capital to strengthen its bitcoin treasury strategy.

Currently, Satsuma Technology is expected to hold 1,125.85 bitcoins.