UK AI company completes £160 million funding round, adding 1,097 Bitcoins to its reserves.

[Coin World] On August 6, news emerged that UK AI company Satsuma Technology announced the successful completion of its second round of convertible loan note fundraising, raising approximately £163.6 million ($217.6 million), exceeding the minimum target by 63.66%. The fundraising received support from multiple institutions and accepted 1,097 Bitcoins as part of the funds, increasing its Bitcoin reserves to 1,125.85 Bitcoins. This fundraising will be used to expand decentralized AI and Bitcoin financial strategies, including enhancing operations and retaining some funds for cash flow.

BTC1.93%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
Degen4Breakfastvip
· 08-07 11:13
This day, BTC has become pounds.
View OriginalReply0
GateUser-0717ab66vip
· 08-07 10:17
This is a pro coin.
View OriginalReply0
FastLeavervip
· 08-06 08:09
BTC is back as financing.
View OriginalReply0
TestnetNomadvip
· 08-06 08:05
It's just 1100 coins, no big deal.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)