According to the report by NLNico from Foresight News, the British listed company GSTechnologies Limited has raised 1.75 million pounds by placing 145,833,333 shares of no-par value at a price of 1.20 pence per share. Additionally, the company plans to offer a "retail placement" at the same issue price to existing retail shareholders to raise an additional maximum of 250,000 pounds. The funds raised will be added to the Bitcoin reserve.
GS Technologies Limited plans to raise approximately $2.72 million to purchase Bitcoin
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