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.

London-listed Satsuma Technology faces shareholder pressure to sell its bitcoin holdings and return cash to investors. The push has intensified as the company’s market capitalisation stands below the value of its 645.7 bitcoin holdings, while the share price has fallen more than 99 percent from a June 2025 peak. Management departures in March 2026 have added uncertainty. The situation is also fuelling scrutiny of corporate bitcoin treasury strategies.