The Smarter Web Company raises approximately $56.5 million for the purpose of purchasing more Bitcoin

BlockBeats news, on June 26, London-listed technology company The Smarter Web Company raised approximately $56.5 million through an accelerated bookbuilding and subscription to purchase more Bitcoin. The common stock from the bookbuilding and the subscribed common stock will be fully paid at issuance and will have equal rights with the company's existing common stock in all respects, including but not limited to the rights to all dividends and other distributions declared, paid, or distributed from the date of issuance.