Wu Blockchain (@WuBlockchain): Pantera Urges LSE-listed Bitcoin Treasury Company Satsuma to Sell $50 Million in Bitcoin
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Pantera Urges LSE-listed Bitcoin Treasury Company Satsuma to Sell $50 Million in Bitcoin According to Bloomberg, sources revealed that crypto venture fund Pantera Capital is urging London-listed Satsuma Technology Plc to sell its remaining $50 million worth of Bitcoin and return the proceeds to shareholders. Pantera holds approximately a 7% stake in Satsuma. Ranald McGregor-Smith, Executive Chairman of Satsuma, confirmed that some shareholders have requested the return of capital.