Major Crypto Company Liquidates Entire Bitcoin Holdings
Satsuma Technology, a UK-based Bitcoin treasury company, has decided to sell its entire Bitcoin stash of 668 BTC worth approximately $43.5 million and cancel its London Stock Exchange listing following shareholder approval. This follows similar moves by other crypto firms like Bitdeer Technologies Group, MARA Holdings, Cango Inc., and MicroStrategy amid a prolonged decline in Bitcoin's price.
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