Blue Star Capital's investee SatoshiPay completes fresh round of funding
Source - SMW
Blue Star Capital said its investee company SatoshiPay had raised about £861,000 at a valuation of £15m, bringing the total amount raised to approximately £1.7m.
Following completion of the fundraise, Blue Star's shareholding of 5,739 shares in SatoshiPay would represent approximately 27.9% of its issued share capital, valued at approximately £4.7m.
The announcement comes ahead of Blue Star Capital's preliminary results for the year ended 30 September 2018 due on Tuesday, 5th March 2019.
At 9:58am: (LON:BLU) Blue Star Capital PLC share price was +0.01p at 0.15p