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Blue Star Capital ( (GB:BLU) ) has provided an update.
Blue Star Capital plc has announced a conditional placing to raise £250,000 through the issuance of new ordinary shares, aiming to strengthen its financial position and support the growth of SatoshiPay, particularly its Vortex platform. The company is also seeking shareholder approval for the authority to allot new shares and disapply pre-emption rights, aligning with its strategy to invest in disruptive technology sectors and potentially incorporate Bitcoin as a treasury reserve asset.
More about Blue Star Capital
Blue Star Capital plc is an investing company focused on blockchain, esports, and payments industries. It has a significant investment in SatoshiPay Ltd, a company that connects the fiat financial system to the DeFi ecosystem, and it is actively involved in the growing demand for digital currency and cryptocurrencies like Bitcoin and Ethereum.
Average Trading Volume: 513,220
Technical Sentiment Signal: Hold
Current Market Cap: £7.27M
For detailed information about BLU stock, go to TipRanks’ Stock Analysis page.