Bitcoin
Bitcoin News: BTC Treasury Strategy Casualty as Satsuma Technology Votes to Wind Down
CryptoNews·July 22, 2026·1 min read
Shareholders voted 90%+ to liquidate Satsuma Technology's 668 BTC, ending a Bitcoin treasury strategy. The experiment turned £163.6M raised into under 20p per pound recovered, marking a significant loss. This decision represents a casualty in the corporate Bitcoin treasury approach, highlighting the risks of such strategies.
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