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Satsuma Technology PLC Exceeds Capital Raise Target, Strengthens Position in Bitcoin and AI Sectors

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Satsuma Technology PLC Exceeds Capital Raise Target, Strengthens Position in Bitcoin and AI Sectors

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Streaks Gaming Plc ( (GB:SATS) ) just unveiled an update.

Satsuma Technology PLC has successfully closed a private offering of secured convertible loan notes, raising significantly more than the £100 million target. This capital raise, involving high-profile funds and strategic US investors, positions Satsuma to accelerate its growth in the Bitcoin and decentralized AI sectors. The company is set to open a third round of investment for key strategic accredited investors in the US, with a focus on promoting decentralized infrastructure and institutional Bitcoin adoption across Europe.

More about Streaks Gaming Plc

Satsuma Technology PLC, headquartered in London, is a publicly listed company specializing in Bitcoin-native treasury management and decentralized finance-focused artificial intelligence. The company operates a treasury-first model, aligning with Bitcoin while building and investing in AI-based decentralized infrastructure and applications.

Average Trading Volume: 5,798,798

Technical Sentiment Signal: Buy

Current Market Cap: £38.11M

See more data about SATS stock on TipRanks’ Stock Analysis page.

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