# Pantera Capital Pleads with DATco Portco to Liquidate Bitcoin Treasury

*Author: Jack Inabinet*
*Published: Apr 23, 2026*
*Source: https://www.bankless.com/fr/read/news/pantera-capital-pleads-with-datco-portco-to-liquidate-bitcoin-treasury*

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According to Bloomberg, digital asset investment manager Pantera Capital is [pleading](https://www.bloomberg.com/news/articles/2026-04-23/push-to-unwind-bitcoin-hoarder-shows-once-hot-trade-collapsing?taid=69e9e319a9d16e00016b41de&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter) 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](https://www.bloomberg.com/news/articles/2026-04-23/push-to-unwind-bitcoin-hoarder-shows-once-hot-trade-collapsing?taid=69e9e319a9d16e00016b41de&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter&embedded-checkout=true) 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.

> Pantera Urges LSE-listed Bitcoin Treasury Company Satsuma to Sell $50 Million in BitcoinAccording to Bloomberg, sources revealed that crypto venture fund Pantera Capital is urging London-listed Satsuma Technology Plc to sell its remaining $50 million worth of Bitcoin and return… [pic.twitter.com/bRWal9e2ab](https://t.co/bRWal9e2ab)— Wu Blockchain (@WuBlockchain) [April 23, 2026](https://twitter.com/WuBlockchain/status/2047253872520069413?ref_src=twsrc%5Etfw)
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