Satsuma completes over $136 million in private equity funding, accelerating its Bitcoin funding strategy

According to Foresight News, UK listed company Satsuma (formerly Tao Alpha) announced the completion of a £ 100 million ($136 million) private placement to accelerate its Bitcoin funding strategy. In addition, the company will initiate a short-term third round of financing, which will be limited to individual investors identified by the company as key strategic qualified investors in the United States. The total financing amount is expected to not exceed £ 10 million and will be completed around July 28, 2025.