๐ LONDON TECH FIRM RAISES $56.5M TO BUY MORE #BITCOIN ๐ฐ
Big crypto news from London! ๐ข The Smarter Web Company (listed on London Stock Exchange) just secured $56.5 million in fresh funding!
Key Details:
โ Funds Will Buy Bitcoin: The company confirmed the money is for purchasing additional Bitcoin ($BTC).
โ How They Raised It: Via fast-tracked fundraising ("accelerated bookbuilding") and new investor subscriptions.
โ Shareholder Rights: New shares issued will have SAME rights as existing shares (dividends, distributions, etc.).
Why This Matters:
๐ Shows growing institutional interest in $BTC.
๐ Major public companies keep adding Bitcoin $BTC to their balance sheets!