Satsuma postpones delisting after selling all Bitcoin holdings

  • Satsuma Technology PLC sold its entire Bitcoin treasury holding and plans to postpone its delisting.
  • The company sold 669.4867 BTC for £31,912,395 and will distribute £30,718,881.43, or £0.002734 per B share.
  • Satsuma’s shares remain suspended while it seeks an alternative listing venue and prepares its annual meeting.

Satsuma Technology PLC sold all 669.4867 BTC for £31.912 million between July 24 and July 31, 2026, after shareholders overwhelmingly approved a capital return and delisting. The company now plans to postpone its September 14 London Stock Exchange delisting until after its annual general meeting and publication of accounts for the year ended February 28, 2026, while seeking an alternative listing venue. The court-approved repayment remains scheduled for on or before September 28, with eligible holders due £0.002734 per B share, or £30,718,881.43 in total. Satsuma’s shares remain suspended from trading on the Official List.

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