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Blue Star Capital ( (GB:BLU) ) has issued an update.
Blue Star Capital plc has observed a recent rise in its share price but is unaware of any specific reason for this movement. At a recent General Meeting, resolutions were passed to reorganize capital and raise £150,000, which will be used for further investments in SatoshiPay Limited or Vortex, a decentralized exchange platform. Additionally, Meinhard Benn, founder of SatoshiPay, now holds an 8.34% share in Blue Star, which may impact the company’s future investment strategies and stakeholder interests.
More about Blue Star Capital
Blue Star Capital plc is an investing company focusing on new technologies, particularly in blockchain, esports, and payments. Its investments include SatoshiPay Limited, a blockchain company known for innovative payment solutions; Lets Play Live, a B2B gaming platform; Paidia, a female-focused gaming platform; and Sthaler Limited, a technology business specializing in identity and payment solutions.
YTD Price Performance: -28.57%
Average Trading Volume: 112,777
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £824.1K
Learn more about BLU stock on TipRanks’ Stock Analysis page.