Financial Strain on Bitcoin Firm Satsuma as Pantera Demands BTC Sale and Capital Return

Liquidation Pressure on BTC Financial Strategy Firm

On April 23, it was revealed by Bloomberg that Pantera Capital Management, a leading cryptocurrency venture capital firm, is demanding that UK-listed Bitcoin accumulation company Satsuma Technology sell the remaining $50 million worth of Bitcoin and return capital to shareholders. Satsuma has acknowledged receiving requests for capital return from some shareholders, but...