Satsuma Technology PLC
LLSE:SATS0.21
GBX
+0.00
(+0.48%)
Satsuma Technology PLC
LSE:SATS
(London Stock Exchange)
Recent
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0.21
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yld
- -
ROIC.AI
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- Business
- Satsuma Technology PLC (SATS.L) operates as an AI-focused software development company specializing in decentralized artificial intelligence and Bitcoin-native treasury management; it provides subnet infrastructure and AI agent development to leverage on-chain agent ecosystems within the Bittensor network, deploys and manages subnet alpha tokens, and builds revenue-generating AI agents for decentralized AI services. Incorporated in 2021 and headquartered at 16 Great Queen Street, London, United Kingdom, the company serves the global fintech and blockchain sectors with a treasury-first model that holds significant Bitcoin reserves, including 1,153.328 BTC and £60.6 million in cash equivalents as of August 2025. Satsuma Technology focuses on bridging traditional finance and the decentralized digital economy through transparent, robust AI systems that enhance institutional adoption of digital assets. In July 2025, the company changed its name from TAO Alpha PLC; it raised approximately £163.6 million (US$217.6 million) in a convertible loan note round in July 2025 led by ParaFi Capital with participation from Pantera Capital, Digital Currency Group, Kraken, Arrington Capital, and others, followed by an additional £169 million in CLNs and £100 million in expected funding; Henry Elder serves as CEO, leading expansion and a planned uplisting to the FCA's Equity Shares (Commercial Companies) Category by December 2025.
Company News
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