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Blue Star Capital plc (LSE:BLU) has announced a conditional placing aimed at raising £250,000 via the issuance of new ordinary shares. This capital raise is designed to reinforce the company’s financial foundation and support the ongoing expansion of its key investment, SatoshiPay—especially the development of its Vortex platform.
In addition, Blue Star Capital is seeking shareholder approval to grant authority for issuing new shares and to disapply pre-emption rights. These measures are part of the company’s broader strategy to invest in disruptive technology sectors and explore innovative financial assets, including the potential integration of Bitcoin as part of its treasury holdings.
About Blue Star Capital plc
Blue Star Capital plc is an investment firm specializing in emerging sectors such as blockchain technology, esports, and digital payments. Its flagship holding, SatoshiPay Ltd, facilitates the bridging of traditional fiat finance systems with decentralized finance (DeFi) networks. Blue Star Capital remains actively engaged in the rapidly evolving cryptocurrency landscape, including key digital assets like Bitcoin and Ethereum.
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