Blue Star Capital Reports SatoshiPay Treasury Yields, Vortex Momentum and Director Warrant Issue

Blue Star Capital (LSE:BLU) has released an update on its core investment, SatoshiPay, highlighting progress across its Digital Asset Treasury and the Vortex fiat-to-crypto payments platform.

As at 30 December 2025, SatoshiPay’s Digital Asset Treasury held base positions of approximately 9.27 bitcoin and 72.03 ether. While the portfolio is around 24% lower than inception on a mark-to-market basis, it has generated an annualised yield of roughly 18% through decentralised finance liquidity provisioning, including activity associated with Vortex. Blue Star views this yield generation as a key element of SatoshiPay’s strategy to enhance returns from its digital asset holdings and has indicated that Treasury performance will be reported on a quarterly basis going forward.

Operationally, Vortex recorded transaction volumes exceeding US$4.8 million in December 2025, representing month-on-month growth of more than 52%. This lifted cumulative transaction volume since launch to around US$9.9 million, signalling increasing adoption of SatoshiPay’s fiat-to-crypto infrastructure.

Separately, Blue Star has taken steps to preserve cash for future investment by reducing directors’ salaries. In lieu of compensation, directors have been granted two-year warrants over 1.225 million ordinary shares, exercisable at £0.11 per share, representing a 22% premium to the recent market price. The move is intended to align management incentives with shareholders while maintaining liquidity for the group’s technology-focused investment portfolio.

More about Blue Star Capital

Blue Star Capital plc is an AIM-quoted investment company focused on early-stage and growth opportunities in new technologies, particularly blockchain, payments and esports. Its portfolio includes an approximately 50% interest in SatoshiPay Ltd, a blockchain payments business specialising in digital asset treasury management and fiat-to-crypto infrastructure, alongside investments in Dynasty Media & Gaming’s B2B white-label gaming platform and Paidia, a gaming platform focused on female audiences.