Satsuma Technology, a UK-listed company, sold its entire Bitcoin holding of 669 BTC in July 2026, raising £31.9 million. This move followed a shareholder vote in July where over 90% supported winding down the Bitcoin treasury strategy and delisting the company. The sale marks the end of Satsuma's brief Bitcoin experiment, which began in 2025 after raising £163.6 million and peaked at holding 1,199 BTC. Shareholders will receive cash distributions by late September 2026, closing the chapter on this corporate Bitcoin treasury play.
Satsuma Technology's Bitcoin exit provides context for cryptocurrency market activity on Pluang. For readers following crypto assets, here is Pluang's market snapshot as of Sep 14, 2026 21:05 WIB: Of 50 major cryptocurrencies priced, 25 rose and 24 fell today. ENJ and SNX both showed 0% sell and 100% buy order activity, contrasting with NEO's 3.46% price decline and a typical hold time of 95 days.
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