Search results for Satsuma Technology
Crypto
Bitcoin direct purchase or treasury stocks? Key is per-share holdings and debt structure
Bitcoin treasury companies can generate higher returns than bitcoin itself in rising markets, but the same structure can deepen losses in downturns, the article said. As of September 2026, 179 listed companies had added bitcoin to their balance sheets. Analysts said investors should focus on fully diluted bitcoin per share after accounting for debt and preferred claims. Examples cited included Metaplanet, Strive, Strategy, Nakamoto and Satsuma Technology.
Crypto
Satsuma Technology to sell all bitcoin and move toward delisting
UK-listed Satsuma Technology confirmed a process to return about 30.72 million pounds in cash to shareholders after selling all 669.4867 bitcoin it held. A court approved the cancellation of 11.24 billion class B shares and the related capital reduction, enabling payouts of 30,718,881.43 pounds, or 0.002734 pounds per B share. Delisting from the London market is scheduled to proceed as planned.
Crypto
UK bitcoin treasury firm Satsuma sells all BTC, moves toward delisting
UK bitcoin treasury firm Satsuma Technology will sell all 668 bitcoin it holds and wind down the business, less than a year after adopting bitcoin holdings as a core strategy. Shareholders approved the sale and a London Stock Exchange delisting with more than 90 percent support. After selling about $43.5 million of bitcoin, the company plans to refund remaining funds via a UK “B share scheme”, projecting payouts of 26.8 million to 30.0 million pounds after costs.
