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Streaks Gaming Plc ( (GB:SATS) ) has shared an update.
Satsuma Technology PLC announced its unaudited interim financial results, highlighting a £169 million raise through convertible loan notes and a substantial Bitcoin treasury. The company is progressing towards an uplisting on the Financial Conduct Authority’s Official List, aiming for completion by December 2025. However, the success of this move is contingent on FCA approval, and failure to secure this could result in significant financial obligations. The company faces risks associated with Bitcoin price volatility, liquidity management, and regulatory uncertainties, which could impact its financial stability and operational execution.
More about Streaks Gaming Plc
Satsuma Technology PLC is a publicly listed technology company with diverse Bitcoin operations. The company focuses on leveraging digital assets and technology to drive its business, with a significant emphasis on Bitcoin holdings and related financial strategies.
Average Trading Volume: 3,108,615
Technical Sentiment Signal: Sell
Current Market Cap: £6.33M
For an in-depth examination of SATS stock, go to TipRanks’ Overview page.