Satsuma Technology, a UK-listed AI infrastructure firm, raised £163.7 million ($217.6 million), surpassing its target by 64%, according to NLNico (@btcNLNico) on X. Backers included ParaFi, Pantera, D...

Satsuma Technology, a UK-listed AI infrastructure firm, raised £163.7 million ($217.6 million), surpassing its target by 64%, according to NLNico (@btcNLNico) on X. Backers included ParaFi, Pantera, DCG, Kraken and others. As part of the raise, Satsuma accepted 1,097 Bitcoin (BTC), bringing its total BTC holdings to 1,125.85. The company, renamed from Tao Alpha, had previously announced plans to invest in BTC.

UK-listed Satsuma Technology raises $217.6M, accepts part of funding in BTC

[Bitcoin supply shock to 'uncork' BTC price as OTC desks run dry]
Bitcoin acquisition trends are still leading to predictions of a major BTC supply shock — with bullish implications for price.

Bitcoin supply shock to &#039;uncork&#039; BTC price as OTC desks run dry

Bitcoin Traders Bet on Sub-$100K Slide: Crypto Daybook Americas

Illuvium (ILV) has experienced a sharp price increase of 60% over the past 24 hours, currently trading at $24.41.
The surge in price comes ahead of the much-anticipated Illuvium Pro League 2025, set t...