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Another Bitcoin Treasury Firm Is Shutting Down. What Satsuma’s Vote Means for Investors
Satsuma will sell 668 bitcoin and liquidate after a 99% stock collapse exposed risks in corporate treasury firms.
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cryptobriefing.com
Satsuma Technology shareholders vote to liquidate assets and shut down
Satsuma Technology shareholders voted to sell 668 BTC worth $44.5M and shut down the UK-based Bitcoin treasury firm after shares fell 99% from
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theblock.co
Satsuma shareholders approve bitcoin treasury liquidation and London delisting
The vote comes less than a year after UK-based Satsuma Technology raised $218 million to pursue its bitcoin strategy.
