Shareholders, including Pantera Capital, are urging UK Bitcoin accumulator Satsuma Technology Plc to sell its $50 million in Bitcoin and wind down operations. This push highlights the decline of the once-popular digital-asset treasury model, as Satsuma's stock price has plummeted, reflecting the evaporation of valuation premiums.
Push to unwind Bitcoin hoarder shows once-hot trade failing
ET Markets·ET Markets··1 min read
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