On July 7, Coin World News reported that, according to an official announcement, financial technology company GSTechnologies Limited (London Stock Exchange code: GST) has conditionally completed a placement and raised £1.75 million. It also plans to offer new 'retail offers' to existing retail shareholders at the same issue price as the placement, to raise an additional up to £250,000. The funds raised from this placement and retail offer will primarily be used to further enhance the company's Bitcoin asset reserves, according to the company's recently implemented asset reserve policy announced on June 25, 2025.