Express
UK AI Firm Satsuma Technology Raises $135 Million to Establish Bitcoin Treasury
Summary: According to reports, London-based artificial intelligence company Satsuma Technology has raised £100 million (approximately $135 million) to establish a Bitcoin treasury, setting a record for Bitcoin treasury fundraising in the UK. The company has announced that it has successfully exceeded the target amount of fundraising, with all committed funds expected to be in place within ...
According to reports, London-based artificial intelligence company Satsuma Technology has raised £100 million (approximately $135 million) to establish a Bitcoin treasury, setting a record for Bitcoin treasury fundraising in the UK. The company has announced that it has successfully exceeded the target amount of fundraising, with all committed funds expected to be in place within the next two weeks. If all funds are converted to Bitcoin, this acquisition will make Satsuma the second largest enterprise Bitcoin holder in the UK, second only to The Smarter Web Company, which holds 1600 BTC (valued at approximately $190 million).
Tags:
Link: UK AI Firm Satsuma Technology Raises $135 Million to Establish Bitcoin Treasury [Copy]
