Coin World News reports that on July 28, the London-listed technology company The Smarter Web Company announced the completion of the current round of subscription for 6.058 million new ordinary shares, raising a total of £19.68 million, with an average issue price of £3.25 per share. The funds will be received early this week. The company plans to update the subscription progress every two weeks and intends to initiate a new round of subscription agreements after completing the current round of 14 million shares. Since 2023, the company has adopted a Bitcoin treasury policy and currently holds some Bitcoin reserve assets, viewing them as long-term storage value assets to increase shareholder returns.