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.
Bitwise CIO Matt Hougan sees the crypto market nearing a bottom amid retail exhaustion, while Senator Cynthia Lummis urges U.S. banks to integrate digital assets into the financial system.
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.