Satsuma Technology Raises £163.6M to Take Bitcoin Position
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Description
UK-based decentralized AI and Bitcoin treasury firm, Satsuma Technology, has raised £163.6 million, worth $217.6 million, through a secured convertible note round. The fundraising effort was led by ParaFi Capital and backed by several major crypto and institutional investors. This event has become one of the largest of its kind in the UK. This marks a significant development in the country’s digital asset sector, combining artificial intelligence (AI) with Bitcoin-based capital strategy. Fundrai...
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