{"id":38702,"date":"2025-07-25T02:01:36","date_gmt":"2025-07-25T02:01:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=38702"},"modified":"2025-07-25T02:01:36","modified_gmt":"2025-07-25T02:01:36","slug":"uk-based-satsuma-technology-raises-135-million-to-accelerate-bitcoin-purchases","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=38702","title":{"rendered":"UK-Based Satsuma Technology Raises $135 Million To Accelerate Bitcoin Purchases"},"content":{"rendered":"
\n

Satsuma Technology, a London-based Bitcoin (BTC) treasury management and AI-driven decentralized finance (DeFi) firm, announced today that it has raised more than 100 million British pounds \u2013 approximately $135 million.<\/p>\n

UK Firm Raises Funds For Bitcoin Acquisition<\/h2>\n

Earlier today, Satsuma Technology \u2013 formerly known as TAO Alpha PLC \u2013 confirmed the successful completion of a $135 million fundraising round, led by a group of high-profile funds and institutional participants. The proceeds will be used to support the firm\u2019s BTC treasury strategy.<\/p>\n

The raise was executed through a private offering of a secure convertible loan note. Fortified Securities acted as the lead broker for non-US investors, while Dawson Jones handled US distribution \u2013 available only to accredited investors.<\/p>\n

If Satsuma converts the entire raise into BTC, it would propel the firm to second place among the UK\u2019s largest corporate BTC holders. According to data from bitcointreasuries.net, Satsuma Technology currently holds 29 BTC, ranking fifth on the list.<\/p>\n

\"Satsuma\"<\/p>\n

Leading the UK\u2019s corporate Bitcoin treasury rankings is web development and digital marketing firm The Smarter Web Company, which holds 1,600 BTC \u2013 worth approximately $190 million at current prices. Phoenix Digital Assets follows in second place with 247 BTC, valued at around $29.34 million.<\/p>\n

\"UK\"<\/p>\n

Commenting on the raise, Mark Moss, Chief Bitcoin Strategist at Satsuma Technology, said the funding reflects strong investor confidence in the firm\u2019s strategic direction. He added:<\/p>\n

\n

With this expanded capital base, we anticipate providing a platform within London to promote the future of decentralized infrastructure, accelerating both our Bitcoin accumulation strategy and our role in driving institutional Bitcoin adoption across Europe.<\/p>\n<\/blockquote>\n

BTC Adoption Gains Ground In The UK<\/h2>\n

While the US has taken major steps to establish itself as a global cryptocurrency hub \u2013 through initiatives like forming a strategic BTC reserve and rolling out multiple favorable regulations \u2013 other countries are beginning to follow suit.<\/p>\n

The UK has recently shifted from a historically cautious stance on digital assets. In May, the UK government released<\/a> draft legislation aimed at establishing a comprehensive regulatory framework for cryptocurrencies.<\/p>\n

In a notable political development, Reform UK leader Nigel Farage recently proposed<\/a> creating a strategic BTC reserve within the Bank of England if elected. He also introduced a bill seeking to reduce capital gains tax on cryptocurrencies from 24% to 10%.<\/p>\n

Separately, UK-based gold mining firm Bluebird Mining Ventures recently announced<\/a> plans to adopt BTC as its primary treasury reserve asset. At press time, BTC trades at $118,339, up 0.6% in the past 24 hours.<\/p>\n

\"bitcoin\"<\/div>\n","protected":false},"excerpt":{"rendered":"

Satsuma Technology, a London-based Bitcoin (BTC) treasury management and AI-driven decentralized finance (DeFi) firm, announced today that it has raised more than 100 million British pounds \u2013 approximately $135 million. UK Firm Raises Funds For Bitcoin Acquisition Earlier today, Satsuma Technology \u2013 formerly known as TAO Alpha PLC \u2013 confirmed the successful completion of a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-38702","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38702"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38702\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}