Pantera Capital Urges Satsuma to Dump All Bitcoin as Shares Collapse 99%
Bitcoin Magazine
Pantera Capital is pressuring Satsuma Technology to liquidate its bitcoin holdings following a 99% collapse in the company's share price.Summary
Pantera Capital, a major investor in Satsuma Technology, is calling for the company to liquidate its remaining 646 BTC and return capital to shareholders. This demand follows a severe decline in Satsuma's equity, which has plummeted over 99% since its June 2025 peak. The company, which previously positioned itself as an AI-driven bitcoin treasury vehicle, is now facing governance challenges, leadership turnover, and pressure from investors to wind down its digital asset strategy to preserve remaining value.
(Source：Bitcoin Magazine)