Blue Star Capital PLC (AIM:BLU) shares rose in Thursday’s early deals, as it confirmed it had raised its holding in SatoshiPay to 50%.
Acquiring an additional 4,500 shares, representing 22% of SatoshiPay, the AIM-listed company further consolidated its stake.
In return, Blue Star is issuing 4.4 million of its shares, priced at 20p.
Blue Star shares were up 13.7% in London, changing hands at 18.77p, and earlier reached 22p.
At this level, the small-cap is worth just over £6 million.