MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


Blue Star says SatoshiPay invests £1 million loan in ether, bitcoin

ALN

Blue Star Capital PLC on Friday said its 50%-owned investee SatoshiPay Ltd has fully invested the £1.0 million secured loan facility that Blue Star provided to support SatoshiPay’s growth and digital asset strategy.

The investing company, with a focus on blockchain, e-sports, and payments, said SatoshiPay used the funds to expand its digital asset portfolio by acquiring around 72 ether at an average price of €3,188 per token, and 9.27 Coinbase wrapped bitcoin, or cbBTC, at an average price of €99,099 per token.

cbBTC is backed one-to-one by bitcoin held by US cryptocurrency exchange Coinbase Global Inc.

Blue Star noted the investment forms part of SatoshiPay’s treasury operations, which aim to both hold digital assets and build additional liquidity for its Vortex payments platform via decentralised finance applications.

Executive Chair Tony Fabrizi said: ‘We look forward to reporting on the performance of SatoshiPay’s treasury operations as well as progress with Vortex in the coming months.’

Shares in Blue Star were up 3.6% at 17.35 pence each in London on Friday afternoon.

Copyright 2025 Alliance News Ltd. All Rights Reserved.