Sats is structured as a bitcoin treasury company targeting institutional investors and was launched by Jānis Sprenne as the first such firm in the Baltics. The company organizes its balance sheet into three layers: a core unencumbered bitcoin reserve, a liquidity buffer for operations, and a productivity engine intended to grow bitcoin holdings within defined risk constraints. Sats measures performance in bitcoin per share rather than fiat and currently holds 1.139 bitcoin. Its infrastructure is live and the firm has completed an initial USDC capital contribution, with €200,000 raised in the ongoing pre-seed round and a further €400,000 sought to finish that round. The immediate plan is to demonstrate governance discipline and the effectiveness of its structure before raising and deploying larger amounts of capital.

Total raised

$0M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2026