- First large-scale UK Bitcoin institutional funding.
- $125M raised in Bitcoin.
- Shift towards crypto treasury strategies.
Satsuma Technology’s recent $217.6 million fundraise, heavily backed by UK institutional investors, marks the first major Bitcoin-denominated subscription for a UK public company, with $125 million settled in Bitcoin, reflecting Europe’s increasing acceptance of digital assets.
Satsuma Technology, led by CEO Henry Elder, raised the capital, with $125 million settled directly in Bitcoin. The investment involved significant participation from UK-based equity funds and global crypto funds. Elder emphasized the landmark nature of this event for corporate value creation.
This moment represents a landmark validation of our core belief: that fusing a Bitcoin-native treasury with decentralised AI is a paradigm shift in corporate value creation. — Henry Elder, CEO, Satsuma Technology
Satsuma engaged large UK equity funds and leading crypto funds such as ParaFi, Pantera, and Kraken. This fund was structured as a convertible note, with Bitcoin subscription a first for London. Elder’s remarks highlighted the trust and innovation involved.
Immediate impacts suggest a confidence boost in the crypto sector, with Satsuma’s Bitcoin-denominated assets attracting investor interest. The fundraise exceeded targets, strengthening Bitcoin’s position in business operations.
Financial implications of this direct Bitcoin subscription approach include reduced conversion costs and a progressive digital asset strategy. The move may inspire similar shifts among European companies.
Historically, companies like MicroStrategy and Tesla have held Bitcoin treasuries in the U.S., influencing market perspectives. Satsuma’s precedent may enhance Bitcoin’s role as a reserve asset, encouraging transparency and liquidity in the UK market.
Potential outcomes could include regulatory scrutiny or acceleration of decentralized finance trends. Satsuma’s strategy aligns with past successful models, suggesting a broader potential adoption across financial sectors.
About the author
MetaMask Integrates Sei Blockchain, Expands to 11 Networks
MetaMask has integrated the Sei blockchain, expanding access to 11 networks as of August 7, 2025, enabling users to leverage Sei's DeFi, gaming, and NFT ecosystem.
Bitcoin Stabilizes in $110k–$116k Trading Range Awaiting Demand
Bitcoin is currently consolidating in the $110,000 to $116,000 range, as analysts observe an 'air gap,' following its recent correction from an all-time high in July 2025.
China Tests Yuan-Backed Stablecoins Amid U.S. Dollar Concerns
China pilots yuan-backed stablecoins with Hong Kong, challenging U.S. dollar dominance and raising capital outflow concerns.
UK SFO Implements Crypto Asset Freezing Powers
The UK Serious Fraud Office freezes crypto assets to enhance crime-fighting strategies.
Satsuma Technology Secures $217.6M With Bitcoin Deal
Satsuma Technology raises $217.6M, $125M in Bitcoin from UK institutions, marking a major crypto adoption step.
Crypto Market Surges Amid Institutional Demand in July
July 2025 saw substantial crypto activities, driven by institutional demand and high-profile launches, reshaping market dynamics.
Related
MetaMask Integrates Sei Blockchain, Expands to 11 Networks
MetaMask has integrated the Sei blockchain, expanding access to 11 networks as of August 7, 2025, enabling users to leverage Sei's DeFi, gaming, and NFT ecosystem.
Bitcoin Stabilizes in $110k–$116k Trading Range Awaiting Demand
Bitcoin is currently consolidating in the $110,000 to $116,000 range, as analysts observe an 'air gap,' following its recent correction from an all-time high in July 2025.
China Tests Yuan-Backed Stablecoins Amid U.S. Dollar Concerns
China pilots yuan-backed stablecoins with Hong Kong, challenging U.S. dollar dominance and raising capital outflow concerns.
Why Cold Wallet Could Be Top Crypto for 2025
See how Cold Wallet’s reward system, large user base, and $270M deal may help it become a top crypto for 2025. Whales are already watching closely.
UK SFO Implements Crypto Asset Freezing Powers
The UK Serious Fraud Office freezes crypto assets to enhance crime-fighting strategies.
Spartans vs PokerStars vs Unibet: Which Casino Pays Out BTC, ETH, USDT, and Real Luxury Prizes
Explore how Spartans, PokerStars, and Unibet stack up on real rewards. Compare instant BTC, ETH, and USDT payouts and find out which crypto casino offers the clearest path to luxury.
Be the first to leave a comment