Satsuma Technology Votes to Liquidate Bitcoin Holdings
Over 90% of shareholders at UK-based crypto firm Satsuma Technology (LSE: SATS.L) approved the liquidation of its entire Bitcoin holdings and delisting from the London Stock Exchange. The company plans to sell approximately $43.5 million worth of 668 BTC, following a broader trend among crypto firms selling their Bitcoin reserves amid market volatility.
Topics: Bitcoin company announcements liquidation