The post Bitcoin protagonist in the record round of Satsuma Technology appeared on BitcoinEthereumNews.com.

217.6 million euros: this is the record amount raised by Satsuma Technology in the round closed on July 28, with over half of the sum coming in the form of Bitcoin and the strong endorsement of the major crypto and institutional funds in London. Why is the SatsumaTechnology collection of Bitcoin already a market case? The initiative by Satsuma Technology marks a turning point in European finance: they have raised a whopping 217.6 million euros, exceeding the minimum target set at 129 million dollars by 63%. More than 1,097 Bitcoin were accepted in place of 125 million dollars in cash, a move that had never been seen in this form in the London landscape. According to Henry Elder, CEO of Satsuma, this operation “validated by the main traditional and crypto-native investors” marks a new era: combining a Bitcoin-native treasure with decentralized artificial intelligence “truly changes the rules of corporate value”. Among those who have supported Satsuma are the most influential crypto funds such as ParaFi Capital, Pantera Capital, Arrington Capital, Blockchain.com, Kraken, DCG, and Kenetic Capital. Several London-based funds also participate, collectively managing over 300 billion pounds of assets: an institutional endorsement that carries weight. Elder emphasizes that the round attracted investors from both the crypto and traditional worlds, demonstrating a growing crossover interest: several subscriptions were made via Bitcoin, “as a testament to the confidence in the team’s innovation and execution capabilities.” Satsuma has chosen a unique approach: more than half of the capital raised has come directly in Bitcoin. In detail, approximately 1,097.29 Bitcoin (for 125 million dollars) were accepted. Currently, the company holds 1,126 Bitcoin — valued at 128.66 million dollars as of July 14 — at an average price of 115,149 dollars per token. At the moment, the portfolio shows a slight unrealized loss of 0.76%.…

---

Filed under: News - @ August 6, 2025 9:24 pm