UK-based Satsuma Technology Secures $135 Million in Funding to Boost Bitcoin Acquisition Speed
In a significant development for the UK's corporate sector, Satsuma Technology, a London-based Bitcoin (BTC) treasury management and AI-driven decentralized finance (DeFi) firm, has raised more than 100 million British pounds, approximately $135 million. The fundraising round, led by a group of high-profile funds and institutional participants, marks a notable step in the growing institutional adoption of Bitcoin in the UK.
Satsuma Technology's raise is the largest single Bitcoin treasury funding in the UK, indicating strong institutional momentum among UK firms. If the entire raise is converted into BTC, it would propel the firm to second place among the UK's largest corporate BTC holders, behind The Smarter Web Company which currently holds over 2,050 BTC.
The Smarter Web Company, another UK firm, has aggressively expanded its Bitcoin holdings throughout 2025, making it the largest UK corporate Bitcoin treasury. The proceeds from Satsuma Technology's fundraising will be used to support its BTC treasury strategy, aiming to further strengthen its position in the market.
Meanwhile, UK-based gold mining firm Bluebird Mining Ventures has announced plans to adopt BTC as its primary treasury reserve asset, signaling a broader trend of UK-listed companies embracing Bitcoin treasury strategies. London BTC Company (formerly Vinanz Ltd) rebranded in 2025 to focus on Bitcoin treasury management, having raised £1 million to purchase over 65 BTC. Phoenix Digital Assets follows in second place with 247 BTC.
The UK government, shifting from a historically cautious stance on digital assets, has released draft legislation aimed at establishing a comprehensive regulatory framework for cryptocurrencies. However, Nigel Farage's proposed bill seeking to reduce capital gains tax on cryptocurrencies from 24% to 10% has not been passed as of the article's publication, nor has his proposal for a strategic Bitcoin (BTC) reserve within the Bank of England if elected.
At press time, BTC trades at $118,339, up 0.6% in the past 24 hours. The adoption of BTC as the primary treasury reserve asset by Bluebird Mining Ventures and the significant treasury acquisitions by several public companies indicate a strategic pivot toward institutional validation of Bitcoin as a mainstream asset in UK capital markets. The sector is seeing a rapid acceleration in Bitcoin adoption by UK corporations.
Cryptocurrency's impact on the finance sector is evident, as Satsuma Technology, a London-based firm focused on decentralized finance, has raised a substantial amount, signifying the growing institutional interest in cryptocurrency. With this capital, Satsuma aims to augment its Bitcoin holdings, potentially moving it to second place among the UK's leading corporate Bitcoin holders, currently headed by The Smarter Web Company, which holds over 2,050 BTC.
