Satsuma Technology Raises $217.6 Million to Build Bitcoin Treasury

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On August 6, London-based AI company Satsuma Technology completed financing of £163.7 million ($217.6 million), exceeding its target by 64%, with investors including ParaFi, Pantera, DCG, Kraken, and others.

In this round of financing, 1,097 bitcoins were accepted, advancing its bitcoin treasury strategy. Currently, its total bitcoin holdings should reach 1,125.85 bitcoins.

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