According to Wu, the UK-listed company Satsuma Technology PLC (Tao Alpha PLC) announced that it has completed a second round of private placement of convertible bonds, raising an amount significantly exceeding the originally set minimum scale of £100 million. Satsuma stated that this financing will be used to expand its business and strengthen its Bitcoin adoption and decentralized AI strategy, with the related convertible bond shares to be applied for listing on the London main market after conversion.