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Satsuma Technology raised $217.6 million to establish a Bitcoin treasury.
On August 6, London-based artificial intelligence company Satsuma Technology completed a funding round of £163.7 million ($217.6 million), exceeding its target by 64%. Investors include ParaFi, Pantera, DCG, CEX, among others. In this funding round, 1,097 Bitcoins were accepted, advancing its Bitcoin treasury strategy. Currently, its total Bitcoin holdings should reach 1,125.85 coins.