Satsuma Technology has successfully secured 218 million USD in a convertible note round, with over 1,000 BTC added to its balance sheet. The firm plans to use the funds to expand its operations and further develop its AI capabilities.
CEO Henry Elder emphasized that integrating Bitcoin with AI represents a significant shift in corporate valuation. The fundraising, which was notably oversubscribed, highlights confidence in Satsuma’s innovative potential in the cryptocurrency sector.
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