08:30 AM EDT, 10/29/2026 (MT Newswires) -- Blue Star Capital (BLU.L) investee SatoshiPay submitted its claim for over 900,000 euros in tax credits to the German authorities to secure funding for more than 12 months of operations. The application follows the certification of SatoshiPay's Pendulum blockchain infrastructure and Vortex crypto platform projects under the German Forschungszulage research and development tax incentive program, according to a Thursday filing. Proceeds are expected to be issued in early 2027. The investment company also agreed to provide SatoshiPay with an unsecured convertible loan facility of up to 50,000 euros, with a 5% non-compounding coupon on amounts drawn every 30 days. The bridge loan will serve as short-term working capital while waiting for the tax proceeds and is payable by Feb. 28, 2027.

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