Satsuma shareholders voted to sell the company's bitcoin, return the cash to investors, and delist from the London Stock Exchange, ending its run as a bitcoin treasury company after heavy losses.

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

The vote comes less than a year after UK-based Satsuma Technology raised $218 million to pursue its bitcoin strategy.