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So another two days of losses and no interest in buying. Other bitcoin stocks are much better value imo. Often below cash. I struggle to see how this ever goes up. Bitcoin looks likely to fall back for a while ....nothing to worry about long term...and 100K is being talked about.

Two weeks ago they raised £1.5 million at 13p. A poor amount....they wanted £5 million. Shares on the mkt and the losses of those holding are growing.

Still a mkt cap of £20 million plus ....and another 35 per cent would only see this getting close to fairer value. A placing at 5p would only make sense if they could raise £10 million or so.

Dire I know.....but just reality. If you are thinking why did I buy this at20 pence plus....join the club. All is not lost. Just a punt on bitcoin going crazy over the next few years.

Yes but people selling out just over 15....desperation. Down more next week is possible unless news. I look to buy more at 14.....tir rallied today

Yes....I bought more at 19 the other day and here we are at 15/17. Already 20 per cent down. So many are losing fortunes on this stock. Wiped out at up to 11. If we do get a collapse in coin I could see these at a fraction of current prices so thats the gamble. Unfortunately many went crazy and put all their money / borrowed money etc. One person I know remortgaged to buy bitcoin type stocks and is massively down and the interest payments are higher than he expected. So many are selling because they saw "easy" money and gambled more than they could afford. Not me.

Why? The spread is crazy, nil volume and we have no news.

21 to 22 should be the spread here but the mm's dont want to deal. All on holiday. We will have to wait. Remember that BTC has fallen from 55p to 8p today in just weeks. May halve again....as may this. Many forced sellers of this type of stock and many will have been nearly wiped out.

Satsuma Technology raised $135 million to fund one of the UK's biggest single Bitcoin treasury acquisitions, positioning itself as a top regional BTC holder.

The planned acquisition may also mark the largest single Bitcoin purchase by a UK company, as The Smarter Web accumulated its holdings through multiple transactions. Satsuma could acquire more than half of its total in a single buy.

Satsuma Technology performed the raise through a secured convertible loan note offering, with Fortified Securities acting as the lead broker for non-US investors and Dawson James Securities as the mandated broker for US investors. In the US, the raise was a private offering to accredited investors.

“The funding will enable us to both accelerate the growth of our business operations as well as position us at the forefront in London of the Bitcoin community,” said the company chairman, Matt Lodge.

“This successful capital raise marks a pivotal moment, not just for Satsuma, but for the London market,” said Satsuma Technology CEO Henry Elder. He said that the firm launched its offering to “test the institutional appetite for our vision — a future where corporate treasury and decentralized AI are deeply intertwined.”

Satsuma Technology runs, funds and launches its own Bittensor

TAO

$341.81

subnets, providing validator nodes and a Subnet Task Marketplace. Bittensor is a decentralized AI marketplace, and Satsuma Technology builds infrastructure and AI agents for this ecosystem.

Satsuma Technologies’ TAO subnets issue alpha tokens that are paired with TAO in liquidity pools, with their price purportedly depending on the subnet’s market value. “As subnet adoption grows, so does the value of its corresponding alpha tokens,“ it said.

The announcement comes amid growing institutional interest in crypto treasuries, as UK firms increasingly blend digital assets with emerging technologies like AI.

This company will soon have $200 to $250 million dollars. The minimum investment is something like $150,000 and they are besieged with buyers. We dont know if there is a lock in period ......but we do know you cannot sell. Not on 28 trades in the first three hours. No mkt. In any event those buying here are looking at the price of bitcoin 5 to 10 years time where the price of a coin could be a million or a few million.

A lot on here are looking at this with an Aim type mentality. The buyers here want to make hundreds of times in profit and are taking a position for a small fraction of their assets. They want to make hundreds of millions on this not a poxy few tens of grand.

Raised a lot of money and a lot more on the way. I don’t think holders will sell. Not enough volume to do so. This is a long term investment by heavy investment so forget that. You cannot sell 20 millions worth of this! This is a longer term strategy. I don’t understand it myself. I sold half my holding at the open for over 8p which was fine. Where next? Buy them back at below 7?

Something like 12 days in a row. About 3 pence more to go to get to fair value

0.0181 109,555,022 sell this morning

Should be able to buy at around 0185 later.

52 Week Low 8.50

52 Week Low Date 23-Jul-2025

Not far from the 5p low I predict.

Another ten per cent down....about to crash below 0.2. People selling at large loss. No volume.

Will certainly add at some stage but this is a falling knife....

Good to see. I added early today as the price has gone a bit daft below cash levels.

What? Another 9 per cent down and the mmS are stuffed with stock from River etc. they may well have sold out. Others seem to be doing so and we will get the rns next week. Most if not all of us are well down on this and I sympathise but for the moment the volume needs to be much higher to push this higher. A few 10 and 20 million buys would help. Dig deep!

8 million sell at 18.3 reported late.....what are we missing. Below 18 tomorrow. I will be adding a few

Might still go lower. People selling at a loss. Must be good value here and no idea why people are selling.

So interesting....

52 Week High 55.00

52 Week High Date 24-Jun-2025

52 Week Low 8.60

52 Week Low Date 17-Jul-2025

Down the price goes to 4.5p .....loads of buys this afternoon. So much of an overhang here. After all the hype any move up is hit hard. I dont understand it but it sure is an issue.

I sold these at about 25p about 18 months or so ago. Often been tempted to buy back in but never did. 7 pence! Yikes. Will need to read up to see what happened here. Why is it that some stocks that look so promising collapse in price....and some dawgs hit gold? Just luck I guess

The mkt cap is about 25 million and this is why the share price goes down every day. The only reason to hold this...as I am....is if you believe bitcoin is headed a lot higher. As I do. I think I may add at about 5p but there is no point in adding at this level. If bitcoin does move to around $160K this year then expect a strong rally here. No point in selling here imo....you got ramped and up to 60 pence plus. In time the coin will hit 500K plus.....we were early and need to wait.

Well there is the 16 today. I think 0.1 is a bit low and I think 0.12 is more likely. You can see why....sellers galore cashing in and few buyers allowed. Wierd.