Satsuma Technology Sold 669.49 Bitcoins for £31.912 Million
2026-09-14 10:36:48
According to CoinMeta, the British listed company Satsuma Technology sold all 669.4867 bitcoins between July 24th and 31st at a weighted average price of £47,667 per bitcoin, earning £31.912 million. On September 8th, the UK High Court approved the cancellation of 1.1236 billion Class B shares and determined to repay £30.719 million to eligible shareholders, with a repayment of £0.002734 per Class B share. Eligible shareholders received one Class B share for each ordinary share they held at the time of registration. After deducting approximately £2.6 million in transaction and termination costs and retaining £2 million in working capital, the funds are expected to be credited to the account via cheque, bank account, or Crest on or before September 28th.
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Source:CryptoSlate
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