Satsuma $218M Convertible Note Dey Boost 1,126 BTC Treasury

Published: 2025-08-06 13:17:24 |

Satsuma Technology don raise $218 million for one oversubscribed convertible note wey ParaFi Capital lead, wey Pantera Capital, DCG, and Kraken join body. Investors subscribe with Bitcoin, bring 1,097 BTC join inside Satsuma Bitcoin treasury wey now get 1,126 BTC. The UK startup wan use the money expand e decentralized AI services, join Bitcoin-native treasury with AI agents and subnet infrastructure, hire devs and improve liquidity. CEO Henry Elder talk say the funding confirm Satsuma thesis and set new standard for London-based blockchain companies. The convertible note financing plus the boosted Bitcoin treasury dey show say institutional interest dey grow for AI-driven crypto projects.

Bullish

By securing one oversubscribed $218 million convertible note and addin 1,126 BTC to im treasury, Satsuma dey show strong institutional support and commitment to gather Bitcoin. For short term, dis fit raise market spirit for BTC because dem sabi investors dey show demand. For long term, putting together Bitcoin-native treasury with decentralized AI services fit bring more institutional funds and adoption, support steady price increase for Bitcoin.