Satsuma Technology has raised $217.6 million to establish a Bitcoin Treasury.

BlockBeats News, August 6th, London-based artificial intelligence company Satsuma Technology completed a £163.7 million ($217.6 million) financing round, exceeding the target by 64%. Investors include ParaFi, Pantera, DCG, Kraken, among others.

This funding round accepted 1,097 bitcoins, furthering its Bitcoin treasury strategy. Its current total bitcoin holdings should reach 1,125.85 coins.