The Smarter Web Company Raises £41 Million Amid Growing Bitcoin Holdings Over 540 BTC
The post The Smarter Web Company Raises £41 Million Amid Growing Bitcoin Holdings Over 540 BTC appeared on BitcoinEthereumNews.com.
UK-based The Smarter Web Company has successfully raised £41.2 million shortly after expanding its Bitcoin holdings to over 540 BTC, signaling strong institutional confidence in crypto assets. The capital raise was executed through an accelerated bookbuild, allowing the company to swiftly secure funding without a traditional marketing campaign, reflecting strategic financial agility. According to COINOTAG, The Smarter Web Company’s aggressive Bitcoin acquisition strategy has increased its BTC portfolio by over 460 coins in less than a month, underscoring its commitment to digital asset treasury management. The Smarter Web Company raises £41.2M after boosting Bitcoin holdings beyond 540 BTC, highlighting growing institutional interest in crypto treasury strategies. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Accelerated Bookbuild Raises £41.2 Million to Support Bitcoin Expansion The Smarter Web Company’s recent capital raise of £41.2 million ($56.59 million) was conducted through an accelerated bookbuild, a method favored by firms aiming for rapid capital infusion with minimal market disruption. This approach enabled the company to raise £36.27 million via bookbuild and an additional £4.97 million through subscription, pricing shares at £2.90 each. The issuance is set to take effect from July 1, positioning the company to further capitalize on its Bitcoin acquisition strategy. This swift fundraising effort highlights the firm’s ability to attract institutional investors who are increasingly viewing Bitcoin as a strategic asset within corporate treasury portfolios. Bitcoin Holdings Surge Past 540…
Filed under: News - @ June 27, 2025 7:28 am