cryptd.in

LinkedIn alternativo para talentos amigos da criptografia

Pantera Capital Pushes Satsuma to Liquidate $50M Bitcoin Holdings: Report

-

por

cryptd.in
em

Digital assets-focused venture fund, Pantera Capital, is pushing London-listed Satsuma Technology Plc to sell its remaining Bitcoin (BTC) holdings and return the proceeds to shareholders, in what appears to be a shift in sentiment around a strategy that had previously attracted strong backing.

Pantera’s DAT Opportunity Fund, which holds about 6.7% of the company, is among investors advocating a full exit from Satsuma’s roughly $50 million Bitcoin position, which is around 646 BTC.

Investor Pressure Mounts

According to the latest report by Bloomberg, the pressure comes as Satsuma’s stock has dropped 98% from its peak of £14 last June. The company confirmed it has received requests for capital returns to Bloomberg, though it did not name the investors involved.

Executive Chairman Ranald McGregor-Smith said the firm is assessing options to respond while considering the interests of all shareholders. The company had earlier raised £164 million through an oversubscribed convertible note in August 2025, backed by major crypto investors including Kraken, Pantera Capital, Borderless Capital, and Digital Currency Group.

In December, it sold 579 BTC, which then accounted for nearly half of its holdings, to raise about £40 million. Market conditions have also undergone a tremendous transformation. For instance, Bitcoin rose above $126,000 last October before falling to $60,000 by early February, amid weakening confidence in Bitcoin-heavy treasury strategies. Satsuma, on the other hand, went through leadership changes, including a director’s exit in February and CEO Henry Elder’s resignation in March.

The developments at Satsuma come amid repeated warnings from market experts about the downside risks of aggressive BTC exposure for corporates.

BTC Treasuries Face Growing Pressure

Earlier this year, investor Michael Burry warned that BTC’s decline could trigger broader losses, and the biggest risks are tied to companies that built large corporate treasuries around the asset. Burry had then explained that Bitcoin falling below crucial technical levels could lead to cascading stress not only within crypto markets but also across related financial sectors.

He also said further downside could have serious implications for companies that accumulated BTC at higher prices and added that an additional 10% drop could leave major holders, including firms like Strategy, facing billions in unrealized losses and potentially limiting their access to capital markets, increasing bankruptcy risks.

Zac Prince of Galaxy Digital had also questioned the sustainability of BTC treasury models, saying they depend on complex financial structures and may struggle to justify valuations without stronger business operations.

A publicação Pantera Capital Pushes Satsuma to Liquidate $50M Bitcoin Holdings: Report apareceu primeiro em CryptoPotato.

Comentários

Deixe um comentário

O seu endereço de email não será publicado. Campos obrigatórios marcados com *

Feeds mais recentes

Categorias populares

pt_PT Português
pt_PT Português en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Pesquisar no sítio Web

Histórias populares

Etiquetas

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (435) #BitcoinETF (3) #BitcoinFundamentos (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCaquisição (1) #BullishPrediction (1) #BullishSentiment (1) #ChineseMining (1) #CPIPrevisão (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulamentação (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (73) #DogecoinGains (1) #DogecoinVolume (1) #ribunal holandês (2) #EComércio (1) #ElSalvadorBitcoin (1) #Ethereum (69) #EthereumDor (1) #EthereumPrice (1) #ExpertOpinião (1) #FedRateCut (1) #FiatMoeda (1) #Fimpacto financeiro (1) #FinancialPrivacidade (1) #FirmShutdown (1) #FrozenAccounts (1) 1TP5Fundos ilícitos (1) #InflationData (1) 1TP5Investimento (1) 1TP5Perdas de investimento (1) #Firma japonesa (1) #Acção legal (1) #Impacto jurídico (1) #Legislação (1) #LightningNetwork (1) #Manálise de mercado (3) #MMonitorização do mercado (1) #Mprevisão de mercado (1) #Mprevisões de mercado (1) #MProjecção de mercado (1) #MarketSupport (1) #MVolatilidade do mercado (1) #MCasamento (1) #MemeCoin (5) #MemeCoins (2) #MinerRentabilidade (1) #M Lavagem de dinheiro (2) #MtGox (4) #Coreia do NorteCriptografia (1) #NovogratzPrevisão (1) #PriceMilestone (1) #Previsão de preços (2) #PriceQuestion (1) #PriceSurge (1) #PrisãoSentença (1) #QuantAnalysis (1) 1TP5Pressão regulamentar (1) #SECAntiCripto (1) #ShibaInu (6) #SocialBuzz (1) #T Análise técnica (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCriptografia (1) #UpsidePotencial (1) #USCongresso (1) #WyomingLand (1) #XRPPreço (1) #XRPupswing (1)

Ligações úteis

Ligações que considero úteis e que gostaria de partilhar.