UK Bitcoin funding strategy

Key Points:* Satsuma Technology secures £100M to enhance Bitcoin holdings.

• CEO Henry Elder leads strategic shift.
• Focus on US strategic investors for additional funds.

Satsuma Technology Caps £100M Funding for Bitcoin Expansion ## Satsuma Technology Caps £100M Funding for Bitcoin Expansion

The company’s strategy impacts the market through its increased Bitcoin acquisition, and further diversification plans are on the horizon as they prepare for a short-term round targeting key strategic investors in the US. This development indicates a notable shift in their funding strategy, reflecting broader market confidence in Bitcoin as a corporate asset.

Industry observers note the absence of significant social media commentary from figures like Elder or Chairman Matt Lodge. Nonetheless, Elder’s background in advising on Bitcoin strategies adds credibility to the company’s redefined financial approach.

Henry Elder, CEO, Satsuma Technology, “I am thrilled to be joining Satsuma Technology as its new Chief Executive Officer…”

Bitcoin Trading at $118,518.50 Amid Satsuma’s Strategic Shift

Did you know? Satsuma’s move mirrors similar actions by companies like MicroStrategy, which initiated large-scale Bitcoin buys in 2020, affecting the sector’s institutional acceptance.

According to CoinMarketCap, Bitcoin currently trades at $118,518.50, with a market cap of $2.36 trillion and a market dominance of 61.20%. Recent changes show a 0.27% price increase in 24 hours but a 0.36% decrease over the past week. In contrast, it saw a notable 26.34% rise over the past 90 days, highlighting ongoing market resilience.

Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 09:54 UTC on July 24, 2025. Source: CoinMarketCap The Coincu research team emphasizes that Satsuma’s strategic shift towards Bitcoin could signal increased US investor participation, potentially impacting global market dynamics. Regulatory responses remain crucial, with both UK and US frameworks likely to influence the firm’s actions. The company’s strategic approach may also stimulate other institutional players to reconsider their treasury management choices.

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