0
0
News

Pantera Capital Pleads with DATco Portco to Liquidate Bitcoin Treasury

Satsuma Technology PLC investors are urging the DATco to return capital after a steep decline in the firm's share price.
0
0
Apr 23, 2026 • 1 min read

According to Bloomberg, digital asset investment manager Pantera Capital is pleading with Satsuma Technology PLC (LSE: SATS) to liquidate its $50M BTC treasury and return capital to investors.

What's the Scoop?

  • Return Our Money: Bloomberg today reported that crypto venture fund Pantera Capital is urging London-listed Satsuma Technology PLC to dispose of its $50M BTC treasury and return the proceeds to shareholders. Satsuma Executive Chair Ranald McGregor-Smith, confirmed the reporting, indicating that some shareholders have requested the return of capital and that the firm is reviewing options to address these demands while balancing the interests of all shareholders.
  • Spectacular Drop: Pantera's DAT Opportunity Fund holds a 6.7% stake in Satsuma, the share prices of which have declined by 99% since peaking at £13.90 in July 2025, back when digital asset treasury company narratives were running their hottest.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

There’s a revolution in the world of money. Ethereum, Bitcoin, crypto, open finance, DeFi—a bankless revolution. And you want part of it.