Strategy copycat Satsuma crashed 99%, liquidated treasury
Mark Moss’ Satsuma Technology sold all 669 of its BTC and will return £30.7M after the company crashed 99% from its 2025 peak.
Mark Moss’ Satsuma Technology sold all 669 of its BTC and will return £30.7M after the company crashed 99% from its 2025 peak.
BTC’s 90-day correlation with gold has reached a multi-year high as the US Treasury’s QE Lite announcement reunited debasement traders.
Roughly 4,000 BTC, worth about $320M at the time of the hack, left Blockstream’s Liquid Federation wallet on Sunday afternoon.
Metaplanet has spent tens of millions of dollars operating a bitcoin treasury company that has an unrealized loss of more than $1 billion.
An influencer staged a $6 million bitcoin short liquidation amidst a crypto bull run before they were exposed as a pretender.