REG - Blue Star Capital - SatoshiPay Treasury Update

Blue Star CapitalAnnouncement

02/10/2025 07:30

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RNS Number : 7986B  Blue Star Capital plc  02 October 2025

2 October 2025

Blue Star Capital plc

 

("Blue Star" or the "Company")

 

SatoshiPay Treasury Update

 

Blue Star Capital plc (AIM: BLU), the investing company with a focus on
blockchain, payments and esports, provides the following update related to
SatoshiPay Ltd ("SatoshiPay"), its investee company, and the performance of
its Digital Asset Treasury (the "Treasury").

 

Portfolio Overview

As at 1 October 2025, the Treasury held approximately 9.27 BTC and 72.03 ETH.
Valuations have been prepared using spot crypto prices as of 1 October 2025,
with inputs of BTC EUR101,075.99, ETH EUR3,704.97 and an EUR/USD exchange rate
of 1.173335, as per the table below:

 

 Digital Asset     Code  Quantity Held  Spot Price    Total Value   Performance since inception

                                        (EUR)         (EUR)         (27/08/25)
      Bitcoin      BTC   9.27           101,075.99    936,703.55    1.99%
 Ethereum          ETH   72.03          3,704.97      266,881.57    16.22%

                                        Gross Total   1,203,585.11
                                        Aggregate                   4.88%

                                        Performance

 

Yield and Fees

Since inception, the Treasury has realised and withdrawn yield of
EUR21,647.70, equating to an average annualised APR of 18.76% calculated on a
simple basis from realised yield since 27 August 2025.

 

The gross portfolio value of the treasury is EUR1,228,677 and excluding the
current yield is EUR1,203,585.

 

The Company is encouraged by the initial performance of the Treasury.
SatoshiPay remains focused on monitoring both portfolio valuation and yield
generation and views the Treasury management as an important part of its
strategy to optimise returns from digital assets.

 

APR figures are calculated on a simple annualised basis from realised yield
over the period since inception.

 

The Company intends to announce the performance of SatoshiPay's Treasury on a
quarterly basis, with the next period ending 31 December 2025.

 

The Company currently has an approximate 50 per cent. shareholding in
SatoshiPay.

 

This announcement contains inside information for the purposes of the UK
Market Abuse Regulation. The Directors of the Company take responsibility for
this announcement.

 

For more information please contact:

 

 Blue Star Capital plc                +44 (0) 777 178 2434
 Tony Fabrizi

 Cairn Financial Advisers LLP         +44 (0) 20 7213 0880
 (Nominated Adviser)
 Jo Turner / Liam Murray / Ed Downes

 Axis Capital Markets Limited         +44 (0) 20 3026 0449
 (Sole Broker)
 Lewis Jones

 

About Blue Star

Blue Star is an investing company with a focus on new technologies. Blue
Star's investments include SatoshiPay Ltd, an experienced blockchain company
with a strong track record in innovative payment solutions; Dynasty Media
& Gaming, whose B2B white label platform is a full-stack gaming ecosystem;
and Paidia, a female focussed gaming platform.

 

About SatoshiPay

SatoshiPay is a blockchain technology company building software solutions at
the intersection of fiat and decentralised finance. The company is driving
ecosystem growth through strategic projects and incubations including Pendulum
(www.pendulumchain.org (http://www.pendulumchain.org) ), a Polkadot-based
network connecting stablecoins and traditional currencies to DeFi; Nabla
Finance (www.nabla.fi (http://www.nabla.fi) ), a next-generation decentralised
exchange; and Vortex Finance (www.vortexfinance.co
(http://www.vortexfinance.co) ), a ramping platform providing widget and API
solutions for seamless fiat-to-crypto access. SatoshiPay holds strategic token
positions, leveraging synergies across its portfolio, deploying liquidity and
earning yield to strengthen its ecosystem and shareholder value.

 

Forward looking statement disclaimer

Certain statements made in this announcement are forward-looking statements.
These forward-looking statements are not historical facts but rather are based
on the Company's current expectations, estimates, and projections about its
industry; its beliefs; and assumptions. Words such as 'anticipates,'
'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar
expressions are intended to identify forward-looking statements. These
statements are not guarantees of future performance and are subject to known
and unknown risks, uncertainties, and other factors, some of which are beyond
the Company's control, are difficult to predict, and could cause actual
results to differ materially from those expressed or forecasted in the
forward-looking statements. The Company cautions shareholders and prospective
shareholder holders not to place undue reliance on these forward-looking
statements, which reflect the view of the Company only as of the date of this
announcement. The forward-looking statements made in this announcement relate
only to events as of the date on which the statements are made. The Company
will not undertake any obligation to release publicly any revisions or updates
to these forward-looking statements to reflect events, circumstances, or
unanticipated events occurring after the date of this announcement except as
required by law or by any appropriate regulatory authority.

 

 

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