Satsuma’s Bitcoin Treasury Collapses, Leaving Shareholders 18p on the Pound
In Bitcoin news today, Satsuma Technology raised £163.6M in August 2025 to build a Bitcoin treasury on the London Stock Exchange, and is now expected to return between £26.8M and £30M to shareholders after wind-down costs. That is roughly 18p on the pound at the low end, and the gap between those two numbers is the story.
Satsuma’s collapse is not simply a case of bad timing on a Bitcoin bet. It is what happens when a company uses fixed-obligation debt to fund a volatile asset, then watches the asset slide, the executives leave, and the creditors take priority in the exit queue.
This Bitcoin Treasury collapse out of the UK comes as BTC USD is trading at $65,800, down -0.4% over the past 24-hours after briefly reclaiming $66,000. Daily trading volume sits at $33.4Bn.
$BTC daily Supertrend has flipped green.
Last one pumped Bitcoin by almost 15% in 4 weeks.
A similar pump means BTC will hit $76,000 by August. pic.twitter.com/4eVmGYLxbv
— Ted (@TedPillows) July 22, 2026
Bitcoin News: What Satsuma Was, and How It Got Here
Satsuma Technology, formerly known as TAO Alpha, is a U.K.-listed AI firm that rebranded and hired Mark Moss, a prominent Bitcoin commentator, as Chief Bitcoin Strategist.
… Continue reading the full article at the original source below.
