Satsuma Becomes the Crypto Downturn’s Latest Bitcoin Treasury Casualty

Bitcoin (BTC) treasury firm Satsuma Technology’s shareholders voted to return all of the company’s capital and to cancel its London Stock Exchange listing. The liquidation adds to mounting pressure on digital asset treasury (DAT) companies. The model boomed in 2025, when firms raised capital to stockpile Bitcoin. In 2026, falling prices have pushed several to