Satsuma Technology, a listed company in the UK, has reduced its holdings by 579 BTC and currently holds 620 BTC.
The reduction in holdings was updated on 12/12, aggregated data from BitcoinTreasuries.NET shows a significant adjustment in the company's cryptocurrency treasury.
MAIN CONTENT
Reduced 579 BTC from the treasury.
Current holdings: 620 BTC.
Previous estimate: 1,199 BTC, a decrease of about 48.3%.
How much has Satsuma sold and how much does it have left?
Reduced 579 BTC, now 620 BTC in the treasury.
According to public data, Satsuma Technology's (formerly Tao Alpha PLC) BTC amount after adjustment is now 620 BTC. It can be inferred that the previous size was approximately 1,199 BTC. This reduction indicates the digital asset rebalancing strategy of a publicly listed company in the UK, updated on 12/12.
The reduction in holdings may aim to optimize volatility and liquidity risks on the balance sheet. With a remaining size of 620 BTC, the company still maintains significant exposure to cryptocurrency, though portfolio risk has decreased compared to before the sale.
Change rate and context
Reduced by about 48.3% from the previous estimate of 1,199 BTC.
BitcoinTreasuries.NET aggregates the BTC holdings of publicly listed companies. Data as of 12/12 shows that Satsuma has cut nearly half of its BTC position. This information is intended to provide data, not investment advice, and reflects portfolio adjustments in the context of corporate treasury management.
Source: https://tintucbitcoin.com/satsuma-technology-giam-579-btc-con-620/
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