TomWinnifrith
Welsh Hovel
Greek Hovel
Woodlarks
About

All Stories

Why isn’t Satsuma selling bitcoin to buy back shares?

Tom Winnifrith
Saturday 31 January 2026

Satsuma (SATS) shares are now just 0.28p giving a market cap of £31.4 million but it holds bitcoin and cash of £50 million. So why are the shares tumbling and what should the company do?

Filed under:

About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
Twitter
@TomWinnifrith
Email
[email protected]
Recently Featured on ShareProphets
  1. Tom Winnifrith Bearcast: it's not gold going up it's the dollar tanking

     

  2. Ariana – doing a bit of Sener-maths

     

  3. Hamak buys gold and bitcoin: it’s a spoof ahead of death spiral kicking in next week

     

  4. Why are gold shares not racing ahead this morning as gold trades at around $5,300?

     

  5. Tom Winnifrith's Bearcast No 2: I do not believe in coincidences, were we attacked because someone thinks 6m dead Jews not enough?

     

  6. Headlam refinances: a tax dodger among the inbreds comments

     

  7. Why isn’t Satsuma selling bitcoin to buy back shares?

     

  8. Tom Winnifrith Special Bearcast: Holocaust Memorial Day

     

  9. Video: The Case For $24,000 Gold & $840 Silver

     

Sign up for my weekly newsletter








Required Reading
  1. 18m person Japanese study shows covid jabs increase death risk: Conservative Woman

     

  2. Mark Steyn: The Great Big Convoy

     

  3. Damning review of Nicola Sturgeon biography by JK Rowling

     

  4. Tossers at the Oxford Union think Tory Peer Hedge Fund Manager represents the Despised Working classes more than author & Dagenham firefighter Paul Embery,

     

  5. What's the Point of Private Eye? The Daily Sceptic

     

  6. Obesity will starve the NHS: Unherd

     

  7. Mark Steyn: one year on from October 7

     

  8. The press & the US Election: they see their corruption as heroism - RCP

     


Recent Comments


I also read
  1. Caroline Glick

     

  2. Mark Steyn

     

  3. Mark Wadsworth

     

  4. Melanie Phillips

     

  5. Order Order

     

  6. Peter Hitchens

     

  7. Tim Worstall

     

  8. Wexboy

     

  9. Zero Hedge