According to BlockBeats, The Smarter Web Company, a UK-listed firm, has announced the successful completion of its latest share offering, raising £19.68 million. The company issued a total of 14 million ordinary shares, with 6,057,914 shares successfully placed. The funds raised from this issuance amount to approximately £3.25 per share, and the company expects to receive about 97% of the settlement by early this week.
Previously, BlockBeats reported that on July 25, The Smarter Web Company increased its Bitcoin holdings by acquiring 225 Bitcoins at an average price of $118,076. This acquisition brings the company's total Bitcoin holdings to 1,825.