In a massive vote of confidence for $BTC , Satsuma Technology, a London-based AI firm, has just raised a whopping £100 million (~$135 million) to build one of the largest corporate Bitcoin treasuries in the UK. 🇬🇧
This single raise not only shatters the national record for BTC treasury acquisitions but could also put Satsuma in second place among the UK’s biggest corporate Bitcoin holders — right behind The Smarter Web Company. 💎
🔎What’s s the Big Deal?
💼Satsuma plans to convert the full amount into Bitcoin$BTC (BTC) over the next two weeks.
🏅If successful, it would make them the 2nd-largest BTC holder in the UK, overtaking Phoenix Digital Assets.
💰 The raise was done via a secured convertible loan note, attracting both US and non-US investors.
🧠 BTC + AI: A Powerful Fusio
Satsuma isn’t just buying
$BTC is already hovering around $118K, this kind of news could help push it toward $125K—$130K in the short term — especially if other firms follow suit.📊
➡️My Take:
This isn’t just a finance story — it’s a statement: UK firms are no longer sitting on the sidelines. They’re betting big on Bitcoin, and Satsuma is leading the charge.🔥🚀
The combo of BTC+AI feels like catching the next mega trend before it explodes. As more companies adopt similar strategies, we might see Bitcoin hit new highs sooner than expected. 💼📈
#bitcoin #business #BitcoinPriceUpdate