sats

According to BBX data, the first public collapse case in the corporate digital asset reserve sector occurred yesterday, and on the same day, the crypto industry jointly issued the largest legislative mobilization of the year. Several listed companies disclosed their latest reserve actions, with the core dynamics as follows:Satsuma Technology Plc (LSE: $SATS) reported by Bloomberg on April 23 that digital asset investment firm Pantera Capital (holding approximately 6.7%) is pressuring the company, along with other shareholders, to liquidate all 646 BTC (current market value approximately $50 million) and return the cash to shareholders. The company's executive chairman, Ranald McGregor-Smith, confirmed that they have received requests from shareholders for capital return, stating that they are "evaluating options."DeFi Development Corp. (NASDAQ: $DFDV) announced that its Treasury Accelerator Program has completed a strategic equity investment in Japanese listed company Allied Architects, Inc. (TSE: 6081), marking the company's first entry into the Asian market. As of recently, the company holds approximately 2.2 million SOL (market value approximately $195 million), using "SOL per Share (SPS)" as a core performance indicator.H100 Group AB (OTCMKTS: $HOGPF) upgraded the letter of intent (LOI) signed in March to a binding share purchase agreement, intending to acquire a total of approximately 2,450 BTC reserves from Moonshot AS and Never Say Die AS; upon completion, the company's BTC holdings are expected to rise to approximately 3,501 BTC, with the transaction structure being all-stock consideration (BTC for BTC, no cash involved). Existing shareholders are expected to hold about 30% after completion, with the delivery expected to be completed by August 2026.Remixpoint, Inc. (TSE: 3825) recently increased its holdings by 20.0312 BTC (approximately $1.57 million), bringing its total BTC holdings to 1,431.33 BTC, with a current paper profit of approximately $21.28 million; the company also plans to purchase approximately $3.13 million in additional crypto assets.

Investors including Pantera Capital Management are pushing the UK Bitcoin reserve company Satsuma to sell its $50 million Bitcoin reserve.Satsuma shifted to an "AI-driven" Bitcoin reserve strategy in August 2025, successfully raising £164 million (approximately $221 million) through convertible loan notes, led by ParaFi Capital, with participation from Pantera, Digital Currency Group (DCG), Kraken, Arrington Capital, and others. It is reported that Satsuma confirmed that some shareholders "requested a return of capital," but did not disclose the identities of the specific shareholders. Satsuma's Executive Chairman Ranald McGregor-Smith stated in an email that the company is exploring options to facilitate these requests while protecting the interests of all shareholders.

According to Bloomberg, the cryptocurrency venture capital fund Pantera Capital Management is urging the London-listed company Satsuma Technology Plc to sell its remaining approximately $50 million in Bitcoin and return the funds to shareholders.Satsuma has confirmed that some shareholders have requested a return of funds, and the company is evaluating related proposals. Additionally, sources revealed that the shareholders are also demanding a change in management; currently, Satsuma's CEO Henry Elder and CFO Andrew Smith have resigned. Earlier this month, the company announced it would cut costs and disclosed the purchase of Bitcoin worth £1.4 million.

According to Coingecko data, several tokens in the BRC-20 sector are experiencing slight pullbacks while still rising. Currently, the overall market capitalization of this sector has dropped to approximately $19.2 million, with a 1-hour decline of 2.7%.Among them: MUBI is currently at $0.001196, with a 1-hour decline of 6.2%; ORDI is currently at $7.11, with a 1-hour decline of 3%; SATS is currently at $0.00000001901, with a 1-hour decline of 5.3%; TURT is currently at $0.0002513, with a 1-hour decline of 15.4%; 1000SATS is currently at $0.00001899, with a 1-hour decline of 3.8%.

According to Coingecko data, multiple tokens in the BRC-20 sector are still rising, with the current market capitalization of this sector exceeding 237 million USD, a 24-hour increase of 135.2%, and a 24-hour trading volume of nearly 1.6 billion USD.Among them: MUBI is currently priced at 0.001429 USD, with a 24-hour increase of 398.9%; ORDI is currently priced at 9.15 USD, with a 24-hour increase of 144.7%; SATS is currently priced at 0.00000002266 USD, with a 24-hour increase of 60.8%; TURT is currently priced at 0.0002204 USD, with a 24-hour increase of 36.6%; and 1000 SATS is currently priced at 0.00002215 USD, with a 24-hour increase of 59.8%.

According to Tech in Asia, Indian crypto rewards fintech company GoSats has completed a $5 million Series A funding round, led by Konvoy, with participation from Y Combinator, Taisu Ventures, and several angel investors. The funds raised will be used to expand the product line and team size.

The Bitcoin financial platform Sats Terminal has received strategic investment from Gate Ventures, a venture capital firm under Gate.com. Gate Ventures is optimistic about the trend of Bitcoin transitioning from a store of value to a productive financial asset, believing that the one-stop Bitcoin financial infrastructure being built by Sats Terminal presents significant market opportunities.In addition to financial support, Gate Ventures will also assist in promoting the synergistic development of Sats Terminal with the Gate ecosystem, exploring more application scenarios for native BTC assets, and enhancing the efficiency of users in obtaining liquidity under self-custody and security conditions.Sats Terminal is positioned as a native Bitcoin financial super application, providing users and third-party wallets and platforms with one-stop trading, lending, and yield services through a modular SDK and native applications. It has previously completed a $1.7 million Pre-Seed funding round, led by Coinbase Ventures and Draper Associates, with Yzi Labs participating in November 2025.Its flagship product, Borrow, was launched in January 2026, allowing users to obtain stablecoins on chains such as Ethereum, BNB Chain, Arbitrum, and Base using native Bitcoin in a non-custodial manner. The yield product, Earn, is expected to be launched in March this year, while the team is also collaborating with mainstream wallets to further expand the coverage of the Bitcoin financial ecosystem.

The Bitcoin trading and lending platform Sats Terminal, backed by Yzi Labs, announced the official integration of the Morpho protocol into its Borrow product, initially supporting the Arbitrum and Base networks. Through Sats Terminal, users can connect to the lending liquidity pools of Morpho and Aave using native BTC as collateral without the need for manual cross-chain transactions or asset wrapping, all while being self-custodial and without KYC, aiming to help users maximize the efficiency of their capital.It is reported that Sats Terminal previously raised $1.7 million in a Pre-Seed round from institutions such as Coinbase Ventures and Draper Associates. With the platform's aggregation layer design, users can discover and match the best lending rates and depths across the network. Sats Terminal plans to launch an SDK and Earn financial products in the future, empowering third-party wallets and Neobanks to directly access native Bitcoin DeFi capabilities, striving to become a one-stop entry point for Bitcoin finance.

According to BitcoinTreasuries.NET, the UK-listed company Satsuma Technology sold 579 bitcoins, reducing its total holdings to 620 bitcoins.

According to the official announcement, BTC treasury company Stacking Sats Inc disclosed that it currently holds 25.69 BTC.

According to official news, Stacking Sats company announced that it has invested $9,900.89 to increase its holdings by 0.098 BTC, bringing the company's total Bitcoin holdings to 24.82 BTC.

ChainCatcher news, backed by Peter Thiel, ETHZilla will acquire 15% of Satschel for $15 million.ETHZilla is a publicly traded company that has transitioned from biotechnology to Ethereum accumulation and staking strategies, currently trading under the ticker symbol ETHZ. Previously, it was reported that the Web3 compliance company Satschel completed a $5.2 million seed round financing, led by Brand Foundry Ventures.

ChainCatcher news, according to Decrypt, stablecoin giant Tether announced this week a donation of $250,000 to the Bitcoin developer support organization OpenSats, a move that was immediately met with public skepticism from Twitter co-founder and Block (formerly Square) CEO Jack Dorsey.After Tether CEO Paolo Ardoino announced the donation on X, Dorsey briefly responded, "Why only $250,000?"Tether reported a profit of $13 billion last year and is seeking to raise funds at a valuation of $500 billion. In contrast, Dorsey revealed that he has donated over $21 million to OpenSats through his Start Small fund and has long supported decentralized and open-source Bitcoin development.

ChainCatcher news, Tether announced a donation of $250,000 to OpenSats. OpenSats is a public charity dedicated to funding individuals and projects that contribute to the Bitcoin ecosystem and open, censorship-resistant technologies.This donation will be used to support OpenSats' daily operations and funding efforts, helping it to continue providing financial support for a wide range of free and open-source projects, covering areas such as protocol development, privacy tools, research, and education.

ChainCatcher message, according to monitoring by NLNico, Satsuma Technology has increased its holdings by 22.65 BTC since the last update, bringing its total BTC holdings to 1148.65 BTC.

ChainCatcher news, UK-listed company Satsuma Technology has completed a £163.7 million (approximately $217.6 million) funding round, exceeding its target by 64%. Investors include institutions such as ParaFi, Pantera, DCG, and Kraken. This funding round accepted 1,097 bitcoins as part of the capital to strengthen its bitcoin treasury strategy.Currently, Satsuma Technology is expected to hold 1,125.85 bitcoins.

ChainCatcher news, according to NLNico, the UK-listed company Satsuma Technology has appointed Kraken's Global Head of Policy and Government Relations, Jonathan Jachym, as a non-executive director on the company's board. Jachym has a rich background in law and policy, having held senior positions at institutions such as the London Stock Exchange Group and CME Group. His expertise in regulation and cryptocurrency policy will assist Satsuma in expanding its Bitcoin treasury strategy, further enhancing the company's position in the decentralized finance sector.Previous report, Satsuma completed a $136 million financing to accelerate its Bitcoin accumulation strategy.

ChainCatcher news, UK-listed company Satsuma (formerly Tao Alpha) announced the completion of £100 million ($136 million) in private financing to accelerate its Bitcoin funding strategy. In addition, the company will initiate a short-term third round of financing, which will be limited to individual investors identified by the company as key strategic qualified investors in the US. The total financing is expected to be no more than £10 million and is expected to be completed around July 28, 2025.Previous report, Satsuma announced its first purchase of 28.56 BTC.