PANews July 17 news, according to the official announcement, the UK-listed company The Smarter Web Company, which adopts a Bitcoin reserve strategy, announced that it will conduct a placement to institutional investors through Tennyson Securities and Peterhouse Capital Limited, issuing new ordinary shares (with a nominal value of £0.001 each) at an issue price of £2.95 per share. This accelerated placement will start immediately after this announcement, with the company's goal of raising at least £15 million in funds.