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The publicly traded company GSTechnologies has raised £1.75 million, which will be used to increase its Bitcoin reserves.
PANews July 7 news, according to an official announcement, the fintech company GSTechnologies Limited (London Stock Exchange code: GST) has conditionally completed a placement and raised £1.75 million. It also plans to offer a new "retail offer" to existing retail investors at the same issuance price as the placement, to raise up to an additional £250,000. The funds raised from this placement and retail offer will mainly be used to further enhance the company's Bitcoin asset reserves in accordance with the company's recently implemented asset reserve policy announced on June 25, 2025.