Satsuma Technology PLC
Companies
Satsuma Technology PLC (LSE: SATS) is a UK-listed Bitcoin treasury company that operates subnet infrastructure and develops AI agents for decentralized AI services. Founded in 2025, Satsuma adopted a Bitcoin treasury strategy and raised £163.6 million ($217.6 million) in a convertible note round backed by ParaFi, Pantera, and Kraken, accepting 1,097 BTC in lieu of cash. The company sold 579 BTC ahead of its uplisting from AIM to the LSE Main Market, holding approximately 620 BTC as its strategic treasury reserve.
Details
- Ceo
- Henry Elder
- Public
- Yes
- Sector
- technology/bitcoin_treasury
- Ticker
- SATS
- Country
- United Kingdom
- Notable
- UK Bitcoin treasury company; raised $218M convertible note; LSE uplisting from AIM
- Exchange
- London Stock Exchange
- Bitcoin Only
- Yes
- Founded Year
- 2022
- Headquarters
- London, United Kingdom
- Bitcoin Holdings
- 620
- Bitcoin Strategy
- Treasury reserve asset; UK Bitcoin-native infrastructure company holds BTC as primary corporate reserve
- Bitcoin Holdings Date
- 2026-03
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