Key Insights: In today’s Bitcoin news, Pantera Capital has urged Satsuma Technology to cash out its remaining $50 million BTC holdings. The once-popular BitcoinKey Insights: In today’s Bitcoin news, Pantera Capital has urged Satsuma Technology to cash out its remaining $50 million BTC holdings. The once-popular Bitcoin

Bitcoin News: Pantera Calls on Satsuma to Dump $50M BTC Stack

2026/04/24 06:19
3 min read
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bitcoin news pantera btc price

Key Insights:

  • Pantera pushes Satsuma to liquidate $50M BTC and return cash to shareholders, as per today’s Bitcoin news.
  • Satsuma shares plunge ~99%, market value falls below its Bitcoin holdings.
  • Bitcoin volatility and internal challenges drive calls to exit BTC strategy.

In today’s Bitcoin news, Pantera Capital has urged Satsuma Technology to cash out its remaining $50 million BTC holdings. The once-popular Bitcoin treasury company is now asked to return its BTC crypto holdings to shareholders in cash.

The pressure comes as Satsuma’s market value has plunged dramatically, losing nearly all of its peak valuation. With Bitcoin’s volatile price swings and internal leadership changes adding to the uncertainty, investors are now pushing for a reset.

Bitcoin News: Why Pantera Wants Satsuma to Exit Its BTC Position?

As per the latest Bitcoin news, Pantera Capital is pushing Satsuma Technology to exit its BTC crypto position. As the company’s valuation has collapsed sharply amid the Bitcoin price crash, Pantera believes it is increasingly risky to maintain its BTC strategy.

Thus, Panters recommends that Satsuma sell its BTC crypto holdings and return cash to shareholders. It is important in this Bitcoin news to mention the scale of losses Satsuma has faced.

The Satsuma stock price (SATS.L) has dropped nearly 99% from its peak, wiping out most of its market value. As of press time, the SATS.L stock price is marked at 0.2300 GBP, down by 4.17%.

Satsuma Stock Price | Source: Yahoo FinanceSatsuma Stock Price | Source: Yahoo Finance

Despite short-term gains, the shares have fallen by about 85% over the past six months. This has shaken investor confidence and increased pressure on management to take corrective action.

How the Bitcoin Price Crash Shaped Satsuma’s Downfall?

It is worth noting that the latest Bitcoin news is directly linked to the BTC price. Currently, BTC crypto is facing increased volatility as the broader crypto market is under pressure.

This is due to the ongoing US-Iran war and its escalating tensions. As of press time, BTC is valued at $77,847, with a marginal decline of 0.79%.

The BTC crypto price has seen notable upticks over the past week and month- 4.13% and 9.6%. However, the pioneer crypto is struggling to maintain its momentum, since it fell from its all-time high of $126k in October 2026.

Bitcoin News- Satsuma BTC Holdings | Source: BitcoinTreasuriesNetBitcoin News- Satsuma BTC Holdings | Source: BitcoinTreasuriesNet

Satsuma was once a major Bitcoin treasury company. It currently holds 646 BTC, worth about $50 million.

The firm adopted its Bitcoin treasury strategy after raising around $220 million in fresh funding in August last year. The company intended to bet heavily on the long-term growth of BTC.

However, things didn’t go as planned. Since then, Bitcoin has dropped nearly 40% from its record high, putting significant pressure on the company’s overall strategy.

For the company, the volatility of Bitcoin has made long-term holding less appealing in the current situation.

Unveiling Internal Challenges

In addition, there have been some internal factors at Satsuma that have created a sense of urgency regarding this Bitcoin news. Changes in leadership and questions regarding the future of the firm have led to investor caution.

Within this context, it seems that getting out of the Bitcoin position would be beneficial. Another important aspect is the difference between the market value of Satsuma and the number of Bitcoin it holds.

Given that the market value of Satsuma is less than the number of bitcoins held by the company, it is understandable why there are calls for the liquidation of this holding.

The post Bitcoin News: Pantera Calls on Satsuma to Dump $50M BTC Stack appeared first on The Coin Republic.

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