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

ForesightNewsJul 24, 2025

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]

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

ForesightNewsJul 24, 2025

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]

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