📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Satsuma raised 218 million dollars to boost its Bitcoin strategy
The London-listed technology company Satsuma Technology has raised £163.66 million (217.6 million USD) from its second convertible bond issuance, with nearly 125 million USD paid in Bitcoin. The funding round, which ended on July 28, surpassed its target of 129 million USD by over 63% thanks to interest from cryptocurrency investors and traditional institutions.
CEO Henry Elder stated that the combination of Bitcoin vaults with decentralized artificial intelligence is a transformative step in creating business value. Satsuma currently holds 1.126 BTC worth approximately 128.66 million USD, with an average cost per Bitcoin of 115,149 USD, resulting in a slight unrealized loss of 0.76%. Leading funds such as ParaFi Capital and Pantera Capital have supported this fundraising round.