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Blue Star Capital Secures £100,000 in Oversubscribed Broker Option

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Blue Star Capital Secures £100,000 in Oversubscribed Broker Option

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Blue Star Capital ( (GB:BLU) ) just unveiled an announcement.

Blue Star Capital plc has successfully closed its Broker Option, raising £100,000 through the issuance of 555,556 new ordinary shares at £0.18 each, with the option being oversubscribed due to strong demand. The funds, along with a previous placement, will be used to provide a secured loan to SatoshiPay to enhance its digital asset treasury, including Bitcoin and other cryptocurrencies, reflecting Blue Star’s strategic focus on blockchain and digital payments.

More about Blue Star Capital

Blue Star Capital is an investing company focused on new technologies, particularly in blockchain, esports, and payments. Its investments include SatoshiPay Ltd, a blockchain company known for innovative payment solutions; Dynasty Media & Gaming, which offers a B2B white label gaming platform; Paidia, a female-focused gaming platform; and Sthaler Limited, a company specializing in identity and payments technology.

Average Trading Volume: 971,858

Technical Sentiment Signal: Buy

Current Market Cap: £8.3M

For an in-depth examination of BLU stock, go to TipRanks’ Overview page.

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