Satsuma Technology sold nearly half its 1,199 BTC treasury, raising £40 million, alongside major board changes ahead of a London Stock Exchange uplisting.
Corporate Bitcoin treasuries swung into widespread unrealized losses in November, as Bitcoin’s brief drop below $90,000 left roughly 65% of measurable corporate holders in the red.
In 2014, Pierre Rochard described how strong money would drive out weak. Eleven years later, corporations building bitcoin treasuries are proving him right.
A deep dive into the three strategic models emerging in corporate Bitcoin treasury companies, from pure-play credit issuers to hybrid operators, based on Michael Saylor’s latest thinking.
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