Pantera among investors pushing bitcoin treasury firm Satsuma to sell $50 million hoard: Bloomberg
The Block
Investors including Pantera Capital are pressuring bitcoin treasury company Satsuma to liquidate its remaining $50 million BTC holdings amid significant market decline.Summary
Pantera Capital and other investors are pushing UK-based bitcoin treasury firm Satsuma to sell its $50 million BTC stockpile. This move follows a period of extreme market volatility that saw Satsuma’s share price collapse by over 99% since mid-2025. Following a leadership shakeup in March that saw the departure of the company’s CEO and CFO, shareholders are now seeking a return of capital as the firm struggles with its “AI-powered” treasury strategy and decreased asset valuations.
(Source：The Block)