Satsuma Sells Bitcoin, Raises Cash for Loan
Update: 2025-12-11
Description
Satsuma Technology, a UK-based Bitcoin firm, sold 579 of its 1199 Bitcoin holdings, netting £40 million. The sale aims to cover a £78 million loan repayment due December 31st. Despite the sale, Satsuma continues to pursue an LSE listing, with share prices slightly up but still down 30% over the past month.
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