Fineqia makes investment in Satsuma Technology

▤ Summary

Fineqia International invested in LSE-listed Satsuma Technology as part of its strategy to build exposure to decentralization, Web3, and AI companies. The company says the investment gives it access to a public business operating at the intersection of digital asset treasury activity and AI infrastructure. Satsuma has also disclosed a convertible loan note financing of about £163.6 million, which was reportedly oversubscribed and partly settled in Bitcoin. Satsuma says it will use the proceeds to expand operations and develop its Bitcoin treasury. Fineqia says its stake in Satsuma is less than 2% of its market capitalization.

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