REG - GSTechnologies Ltd - Bitcoin Holding

GSTechnologiesAnnouncement

17/09/2025 07:00

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RNS Number : 5921Z  GSTechnologies Ltd  17 September 2025

17 September 2025

 

GSTechnologies Limited

 

("GST", the "Company" or the "Group")

 

Bitcoin Holding

 

GSTechnologies Limited (LSE: GST), the fintech company, is pleased to provide
an update on the Company's Bitcoin holding following the formal adoption of a
Bitcoin treasury reserve policy (the "Treasury Policy"), as announced on 25
June 2025.

The Company currently holds approximately 8.8 Bitcoin in its treasury,
acquired at an average purchase price of US$113,592.94 per Bitcoin, for an
aggregate cost of US$999,617.90.  The total value of the Company's Bitcoin
holding is now approximately US$1.02 million.

As stated in the Company's results for the year ended 31 March 2025, announced
on 12 September 2025, the Company has allocated an initial US$2 million for
the purchase of Bitcoin.  Further Bitcoin will be added to the Company's
treasury at strategic intervals, and in a phased approach, when market pricing
provides appropriate opportunities.

Tone Goh, Chairman of GST commented:

"The development of GST's Bake Cryptocurrency Platform, acquired earlier this
year, is progressing in line with the Board's expectations.  Allocating a
portion of the Company's cash reserves to Bitcoin aligns with our operational
focus and the services we provide within the cryptocurrency ecosystem.  We
firmly believe in Bitcoin's role as a digital store of value, its alignment
with GST's long-term financial objectives and we have every intention of
increasing our Bitcoin holding in due course."

Enquiries:

 

The Company

Tone Goh, Executive Chairman

+65 6444 2988

 

Financial Adviser

First Sentinel Corporate Finance

+44 (0)20 3855 5551  

Brian Stockbridge / Paul Shackleton

 

Broker

CMC Markets

+44 (0)20 3003 8632

Douglas Crippen

 

Financial PR & Investor Relations

IFC Advisory Limited

Tim Metcalfe / Graham Herring / Florence Staton

+44 20 (0) 3934 6630

 

 For more information please see: https://gstechnologies.co.uk/
 (https://gstechnologies.co.uk/)

 

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