Pantera Capital Urges Satsuma to Dump All Bitcoin as Shares Collapse 99%

Pantera Capital is urging Satsuma Technology to liquidate its 646 BTC holdings amid a 99% collapse in the company's share price. The crypto firm, holding 6-7% of Satsuma, joins investors pushing to wind down Bitcoin positions as the stock's value fell below its digital asset holdings. Satsuma's leadership is reviewing options while facing governance concerns and prior criticisms over debt repayment strategies.