Pantera among investors pushing Satsuma to sell $50M Bitcoin treasury

People familiar with the matter said Pantera Capital is among investors pushing UK bitcoin treasury firm Satsuma to sell its $50 million bitcoin holding. Satsuma said some shareholders requested a return of capital and that it is exploring options to facilitate those requests. Satsuma raised £164 million through a convertible loan note for an “AI-powered” bitcoin treasury strategy in August 2025.

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