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Pantera Pushes Satsuma to Sell 646 BTC After 99% Share Collapse

2026-04-23 14:56:02

Pantera Capital is urging Satsuma Technology to liquidate its remaining 646 BTC, worth about $50 million, after the company’s shares fell more than 99% from their June 2025 peak. Satsuma said shareholders have asked for capital to be returned, and Executive Chairman Ranald McGregor-Smith said the company is reviewing options.

BTC-1.54%

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