Satsuma Technology PLC, operating also as Tao Alpha PLC, has successfully raised over £100 million in a significant financing round.
The substantial capital injection is earmarked to accelerate the company’s Bitcoin accumulation initiatives and drive institutional adoption of the cryptocurrency.
A key strategic focus will be expanding Satsuma’s operational footprint within Europe, with London highlighted as a primary target market.
This funding commitment follows the company’s recent acquisition of 28.56 BTC, underscoring its proactive strategy to grow its cryptocurrency reserves.