Satsuma wins approval to sell remaining Bitcoin and leave London market
Satsuma shareholders approve full Bitcoin exit and LSE delisting UK-listed Satsuma Technologies has won shareholder approval to sell its remaining 668 BTC, return most of the proceeds to shareholders, delist from the London Stock Exchange and effectively wind down its Bitcoin treasury vehicle. The company had already sold 579 BTC for about $50 million in December to meet convertible loan obligations, underscoring a broader shift from corporate BTC accumulation to restructuring and sales.