Satsuma builds £100m Bitcoin treasury after fundraising boost
Satsuma Technology PLC (LSE:SATS) has amassed a Bitcoin holding worth almost £100 million, underscoring its strategy of combining artificial intelligence services with digital asset reserves. The London-listed group said it held 1,149 Bitcoin, valued at £99.6 million as of 8 August, alongside £54 million of cash and equivalents.
From Debt to Liftoff: EchoStar's $23 Billion Catalyst
At the end of August, the market delivered a swift and decisive verdict on EchoStar Corporation NASDAQ: SATS. In a single trading session, this legacy stock in the communication sector surged over 75%, increasing its market capitalization by billions within hours.
EchoStar: Is SATS Stock A Buy After 70% Rise?
EchoStar's stock climbed 70% on August 26, 2025, after the company revealed a $23 billion spectrum sale to AT&T for 50 MHz of nationwide spectrum. This deal provides a crucial lifeline for the heavily indebted company, which carries about $30 billion in total debt (a debt-to-equity ratio of 188%).
SATS price rising: Sling TV and Dish owner EchoStar stock is entering the stratosphere today. Here's why
Shares in EchoStar Corporation (Nasdaq: SATS) are entering the stratosphere this morning as the company's stock price surged after the announcement of a significant deal with telecommunications giant AT&T. Currently, SATS shares are up more than 80% after AT&T agreed to pay the Sling TV and Dish Network $23 billion for some of its wireless spectrum licenses.
Top Stock Movers Now: Eli Lilly, EchoStar, Constellation Brands, and More
U.S. equities were little changed at midday on limited market-driving corporate earnings news and economic data. The Dow Jones Industrial Average, S&P 500, and Nasdaq all moved by small amounts.
AT&T to buy wireless spectrum licenses from EchoStar for $23B in bid to lure more subscribers
EchoStar had been seeking to shield its cache of wireless spectrum licenses from the threat of revocation by the FCC.
EchoStar to sell wireless spectrum to AT&T; stock soars
EchoStar announced that it has agreed to sell a total of 50 megahertz (MHz) of nationwide wireless spectrum licenses to AT&T Inc (NYSE:T, ETR:SOBA) for about $23 billion in cash, sending EchoStar's stock price up more than 80% in early Tuesday trading. The deal, which involves mid-band and low-band spectrum, is expected to close in mid-2026, pending regulatory approval.
EchoStar Stock Soars to Record Highs On $23 Billion AT&T Deal
Shares of EchoStar Corp (NASDAQ:SATS) have catapulted up 76.7% to trade at $52.80 this morning, after the company sold a portion of its wireless spectrum licenses to AT&T (T) in an all-cash deal worth roughly $23 billion.
EchoStar Stock Soars 80% as It Sells Spectrum to AT&T for $23B Amid FCC Pressure
Shares of EchoStar (SATS) skyrocketed 75% in premarket trading Tuesday as the satellite TV provider, under pressure from federal regulators, sold 50 megahertz of its nationwide low- and mid-band spectrum allocations to AT&T (T) for approximately $23 billion.
EchoStar's stock is surging. Why AT&T just struck a $23 billion spectrum deal with the company.
AT&T will look to enhance its wireless and home-internet offerings with spectrum from EchoStar.
AT&T Stock Rises. How a $23 Billion Deal With EchoStar Could Shake Up Big Wireless.
The two wireless network operators unveiled an agreement that will see AT&T buy EchoStar's spectrum licenses.
EchoStar Corporation (SATS) Q2 2025 Earnings Call Transcript
EchoStar Corporation (NASDAQ:SATS ) Q2 2025 Earnings Call August 1, 2025 12:30 PM ET Company Participants Dean A. Manson - Chief Legal Officer & Secretary Hamid Akhavan-Malayeri - CEO, President & Director John W.
