UK-listed Satsuma completes $217.6 million in funding, partly in Bitcoin

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According to Techub News, the British company Satsuma Technology has completed financing of £163.7 million (approximately $217.6 million), exceeding its target by 64%. Investors include ParaFi, Pantera, DCG, Kraken, and other institutions. This round of financing accepted 1,097 bitcoins as part of the funds, which will be used to strengthen its bitcoin treasury strategy. Currently, Satsuma Technology holds 1,125.85 bitcoins.

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