Strategy Copycat Satsuma Crashes 99%, Liquidates Treasury
Satsuma Technology Collapses 99% After Bitcoin Treasury Strategy Fails British bitcoin treasury company Satsuma Technology has crashed 99% from its 2025 peak, liquidated its entire bitcoin holdings, and suspended trading as it faces delisting proceedings. The firm, which raised £168.9 million ($227.6 million) from noteholders during the height of the 2025 bitcoin treasury boom, sold ...