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An announcement from Streaks Gaming Plc ( (GB:SATS) ) is now available.
Satsuma Technology PLC has announced significant board changes and the sale of a substantial portion of its Bitcoin holdings. The company plans to appoint Ranald McGregor-Smith as Chair and Clive Carver as Senior Independent Director to strengthen its board governance as part of its strategy to uplist on the London Stock Exchange. Additionally, the sale of 579 Bitcoin has raised approximately £40 million, ensuring sufficient cash reserves to meet upcoming financial obligations, thereby positioning the company for stability and future growth.
More about Streaks Gaming Plc
Satsuma Technology PLC is a publicly listed technology company with diverse Bitcoin operations. The company is focused on enhancing its market presence through strategic board appointments and financial maneuvers.
Average Trading Volume: 2,741,912
Technical Sentiment Signal: Sell
Current Market Cap: £4.31M
See more data about SATS stock on TipRanks’ Stock Analysis page.