UK-listed company Satsuma (formerly Tao Alpha) has announced the completion of a £100.00M ($136.00M) private placement to accelerate its Bitcoin funding strategy. In addition, the company will launch a short-term third round of financing, which will be limited to individual investors that the company identifies as key strategic qualified investors in the United States, with total financing expected to not exceed £10.00M, which is expected to be completed on or about July 28, 2025. [Foresight News]

Reported on July 24 that according to Cointelegraph, British artificial intelligence company Satsuma Technology announced that it had successfully raised $135.00 million to build one of the largest Bitcoin vaults in the UK. The company said that all the promised funds are expected to arrive in the next two weeks. This financing is expected to make Satsuma the second largest corporate Bitcoin holder in the UK, second only to The Smarter Web Company. At the same time, this may also become the largest single Bitcoin purchase record for a British company. Satsuma completed this financing through convertible bonds, aiming to accelerate business growth and promote the deep integration of Bitcoin and artificial intelligence. [PANews]

UK AI firm Satsuma Technology raises $135 million to build a Bitcoin vault

On July 24, Cointelegraph reported that Satsuma Technology, a London-based artificial intelligence company, has raised £100 million (approximately $135.00 million) to build a Bitcoin treasury, setting a UK record for Bitcoin treasury fundraising.

The company said it has successfully completed fundraising exceeding the target amount, and all committed funds are expected to be in place within the next two weeks. If all funds are converted to Bitcoin, the acquisition would make Satsuma the second-largest corporate Bitcoin holder in the UK, second only to The Smarter Web Company, which holds 1,600 BTC (worth approximately $190.00 million). [BlockBeats]

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Satsuma Technology Raises $135.00M to Build Bitcoin Treasury

Satsuma Technology raises $135.00M to build Bitcoin treasury

July 24th, according to Cointelegraph, London-based artificial intelligence company Satsuma Technology has raised £100.00 million (approximately $135.00 million) to establish a Bitcoin treasury, setting a record for Bitcoin treasury fundraising in the UK.

The company stated that it has successfully raised more than the target amount, and all committed funds are expected to be in place within the next two weeks. If all funds are converted to Bitcoin, this acquisition will make Satsuma the second-largest corporate Bitcoin holder in the UK, second only to The Smarter Web Company, which holds 1,600 BTC (worth around $190.00 million). [BlockBeats News]

Satsuma Technology Raises $135 Million to Establish Bitcoin Treasury

London-based AI company Satsuma Technology has raised £100 million (approximately $135.00 million) to establish a Bitcoin treasury, setting a UK record for Bitcoin treasury fundraising. The company stated that it has successfully completed fundraising exceeding the target amount, and all committed funds are expected to be in place within the next two weeks. If all funds are converted to Bitcoin, this acquisition would make Satsuma the second-largest corporate Bitcoin holder in the UK, second only to The Smarter Web Company, which holds 1,600 BTC (worth approximately $190.00 million). [ChainCatcher]

UK AI Firm Satsuma Technology Raises $135.00M to Build Bitcoin Treasury

On July 24, Cointelegraph reported that Satsuma Technology, an AI company based in London, has raised £100 million (approximately $135.00 million) to establish a Bitcoin treasury, setting a UK record for Bitcoin treasury fundraising. The company stated that it has successfully completed fundraising exceeding the target amount, and all committed funds are expected to be in place within the next two weeks. If all funds are converted to Bitcoin, this acquisition would make Satsuma the second-largest corporate Bitcoin holder in the UK, second only to The Smarter Web Company, which holds 1,600 BTC (worth approximately $190.00 million). [Techflow]

UK-listed Satsuma Technology PLC (Tao Alpha PLC) has announced the completion of its second round of convertible bond private placement, with the amount raised significantly exceeding the original minimum target of £100.00M. Satsuma stated that the financing will be used to expand its business and strengthen its Bitcoin adoption and decentralized AI strategy. The relevant convertible bond shares will be applied for listing on the London Main Board market after conversion. [Wu Blockchain]

UK-listed Satsuma Completes Over £100.00M Funding Round, Will Accelerate its Bitcoin Accumulation Strategy

UK-listed company Satsuma (formerly Tao Alpha) has announced the completion of a £100.00M ($136.00M USD) private placement to accelerate its Bitcoin funding strategy. In addition, the company will launch a short-term third round of financing, which will be limited to individual investors that the company identifies as key strategic qualified investors in the United States, with total financing expected to not exceed £10.00M, which will be completed around July 28, 2025. Previously reported, Satsuma announced its first purchase of 28.56 BTC. [ChainCatcher]

UK-listed Satsuma Completes $136.00M Funding Round to Accelerate Bitcoin Accumulation Strategy

News, July 24, the UK listed company Satsuma Technology PLC (formerly known as Tao Alpha PLC) announced that it has successfully raised well over £100.00 million.

The company's Chief Bitcoin Strategy Officer, Mark Moss, stated: "We are very grateful for the strong market support demonstrated by this successful fundraising, which has exceeded our £100.00 million target. This proves the UK market's confidence in Satsuma's strategic direction and our leadership team's execution capabilities. With this expanded capital base, we look forward to providing a platform in London to drive the future development of decentralized infrastructure, accelerate our Bitcoin accumulation strategy, and advance our role in promoting institutional Bitcoin adoption in Europe."

BlockBeats previously reported that on July 14, the UK listed company Tao Alpha announced its first purchase of 28.56 BTC. [BlockBeats]

Publicly traded company Satsuma has completed a funding round exceeding £100 million, aiming to accelerate its Bitcoin accumulation strategy.

On July 24th, UK-listed Satsuma Technology PLC (Tao Alpha PLC) announced the completion of a financing round exceeding £100.00M.

Company Chief Bitcoin Strategist Mark Moss stated: "We are very grateful for the strong market support demonstrated by this successful financing, which exceeded our target of £100.00M. This is a testament to the UK market's confidence in Satsuma's strategic direction and the execution capabilities of our leadership team. With this expanded capital base, we look forward to providing a platform in London to drive the future development of decentralized infrastructure, accelerate our Bitcoin accumulation strategy, and advance our role in driving institutional Bitcoin adoption in Europe."

BlockBeats previously reported that on July 14th, UK-listed Tao Alpha announced its initial purchase of 28.56 BTC. [BlockBeats]

Publicly Listed Satsuma Completes Over £100.00M Funding Round to Accelerate its Bitcoin Accumulation Strategy

Publicly listed company Satsuma completes over £100.00M financing to accelerate its Bitcoin accumulation strategy

On July 24 (UTC+8), listed company Satsuma (formerly Tao Alpha) announced the completion of a convertible bond financing of over £100.00M and the launch of its third round of financing, with the minimum subscription threshold reduced to $100,000.00, expected to end on July 28. The funds will be used to expand its business and promote the construction of Bitcoin and decentralized AI infrastructure. CEO Henry Elder has officially joined the board of directors as an executive director. [Source: PANews] [MetaEra]

Satsuma (formerly Tao Alpha) Raises Over £100M to Advance AI and Bitcoin Deployment

On July 24, the listed company Satsuma (formerly Tao Alpha) announced that it had completed the fundraising of over £100 million of convertible bonds and started the third round of financing, with the minimum subscription threshold reduced to $100,000.00, which is expected to end on July 28. The funds will be used to expand the business and promote the construction of Bitcoin and decentralized AI infrastructure. CEO Henry Elder has officially joined the board of directors as executive director. [PANews]

Satsuma (formerly Tao Alpha) raises over £100 million to promote AI and Bitcoin deployment

Satsuma Completes Over $136.00M Private Placement to Accelerate its Bitcoin Funding Strategy

Satsuma Technology raised $135.00 million to fund one of the UK's biggest single Bitcoin treasury acquisitions, positioning itself as a top regional BTC holder.

UK company smashes local Bitcoin treasury record with $135.00M raise

英国上市公司Satsuma（前称Tao Alpha）宣布完成了一笔价值1亿英镑（约1.36亿美元）的私募融资，以加速其Bitcoin投资策略的推进。此外，公司将启动一个短期的第三轮融资，该轮融资将仅限于公司认定的美国关键战略合格个人投资者，预计融资总额不超过1000万英镑，预计该轮融资将在2025年7月28日左右完成。[Foresight News]

Satsuma完成了超过1.36亿美元的私募融资，以加速其bitcoin融资战略

英國上市公司Satsuma（前稱Tao Alpha）宣佈完成了一筆價值1億英鎊（約1.36億美元）的私募融資，以加速其Bitcoin投資策略的推進。此外，公司將啓動一個短期的第三輪融資，該輪融資將僅限於公司認定的美國關鍵戰略合格個人投資者，預計融資總額不超過1000萬英鎊，預計該輪融資將在2025年7月28日左右完成。[Foresight News]