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Bitcoin hoarder Satsuma Technology faces pressure to sell crypto and shut down operations
Economy
Published on 24 April 2026
Investors want it to exit its $50 million BTC stash
Satsuma Technology Plc, a UK-listed “Bitcoin accumulator” holding about $50 million in BTC, is facing mounting pressure from shareholders including Pantera Capital to sell its Bitcoin and wind down. The move underscores how the once-popular digital-asset treasury model is losing favor as valuation premiums evaporate and Satsuma’s stock price has sharply fallen.
- Shareholders including Pantera Capital urge Satsuma to sell its $50 million Bitcoin
- Investors are pushing for a full wind-down of the company
- Satsuma’s stock has plunged as the treasury model loses its premium
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times