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Pantera Capital Pleads with DATco Portco to Liquidate Bitcoin Treasury

Satsuma Technology PLC investors are urging the DATco to return capital after a steep decline in the firm's share price.
Pantera Capital Pleads with DATco Portco to Liquidate Bitcoin Treasury
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According to Bloomberg, digital asset investment manager Pantera Pantera Capital is pleading with Satsuma Technology PLC (LSE: SATS) to liquidate its $50M BTC treasury and return capital to investors.

What's the Scoop?

  • Return Our Money: Bloomberg today reported that crypto venture fund Pantera Capital is urging London-listed Satsuma Technology PLC to dispose of its $50M BTC treasury and return the proceeds to shareholders. Satsuma Executive Chair Ranald McGregor-Smith, confirmed the reporting, indicating that some shareholders have requested the return of capital and that the firm is reviewing options to address these demands while balancing the interests of all shareholders.
  • Spectacular Drop: Pantera's DAT Opportunity Fund holds a 6.7% stake in Satsuma, the share prices of which have declined by 99% since peaking at £13.90 in July 2025, back when digital asset treasury company narratives were running their hottest.


Jack Inabinet

Written by Jack Inabinet

871 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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