BREAKING
196d 15h ago

Satsuma Secures $136 Million Financing to Boost Bitcoin Accumulation Strategy

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

British-listed firm Satsuma has successfully secured $136 million in financing, marking a significant milestone in its strategic plan to expand Bitcoin holdings. This capital injection is poised to enhance Satsuma’s capacity to acquire digital assets, aligning with its long-term vision of capitalizing on the growing cryptocurrency market. The funding round underscores investor confidence in Satsuma’s disciplined approach to Bitcoin accumulation amid evolving market dynamics.

The fresh capital will enable Satsuma to intensify its Bitcoin acquisition efforts, leveraging market opportunities while maintaining a robust risk management framework. This move reflects a broader trend among institutional investors seeking to diversify portfolios through exposure to digital currencies. Satsuma’s financing achievement highlights the increasing institutionalization of Bitcoin as a credible asset class within the financial ecosystem.

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