UK AI Firm Satsuma Technology Raises $135.00M to Build 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]