2025-08-06 10:40:11

UK-listed Satsuma Technology ($SATS) raised £163.6M ($217.6M) through a convertible note round led by ParaFi Capital.

Funds will support operations and grow its bitcoin treasury via its Singapore arm.

Despite the raise, SATS stock dropped 25% today and is down over 50% since announcing its BTC treasury plan in June.

SATS-3.25%

GROW-12.56%

BTC1.39%

VIA-0.46%

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