Satsuma Technology to Sell 668 BTC After Shareholder Vote
Satsuma Technology shareholders have voted to sell the company’s remaining 668 BTC and proceed with a wind-down of the business, converting its last major balance-sheet asset into cash as part of a plan to return capital and delist. At a general meeting, Satsuma Technology shareholders approved resolutions authorizing the disposal of the company’s remaining 668 BTC and the steps required to wind down the business, according to the company’s result-of-GM filing. For related coverage, see U.S. Congress Debates Crypto Ethics as DeFi Provisions Stay Under Negotiation.