Blue Star Capital (GB:BLU) has released an update.
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Blue Star Capital plc, an investment firm with interests in esports and blockchain technologies, reported a half-yearly pre-tax loss of £191,824 and a reduced cash position, but maintains a strong portfolio value at around £5.1 million as of March 31, 2024. The company’s future is closely tied to its SatoshiPay investment, which constitutes about 90% of its net asset value and is incubating a third project expected to launch later in the year. Despite challenges, Blue Star remains optimistic about its investments, including Dynasty Gaming’s strategic merger and expansion into the Indian gaming market.
For further insights into GB:BLU stock, check out TipRanks’ Stock Analysis page.