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Bitcoin treasury companies unwind holdings as the DAT model comes under pressure
Falling share prices, debt obligations and difficult market conditions are forcing former bitcoin accumulators to sell their holdings and restructure operations.
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decrypt.co
DAT Went Wrong: Satsuma to Unwind Bitcoin Treasury, Sell Off $43 Million in BTC - Decrypt
U.K. Bitcoin treasury company Satsuma Technology raised $218 million less than a year ago. Now it's returning whatever is left.
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news.bitcoin.com
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.
