๐ฅ Breaking News: A British Company Raises ยฃ8.1 Million to Buy More Bitcoin!
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๐ What's New?
โ The British company The Smarter Web Co., listed on the stock exchange, announced that it has raised ยฃ8.1 million (around $10.75 million) through a capital increase.
โ The company aims to use these funds to purchase more Bitcoin (BTC), enhancing its treasury policy.
โ The company currently holds 2,050 Bitcoins and considers Bitcoin a core part of its long-term strategy.
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๐ก Why Is This Important?
* This ongoing financing demonstrates the company's steadfast commitment to adopting a Bitcoin strategy as a treasury asset, despite market volatility.
* This investment reflects investor confidence in the company's strategy and vision for a Bitcoin-based financial future.
* This move strengthens Bitcoin's position as a key strategic asset for publicly traded companies in traditional markets.
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โ Do you think this approach will become a standard for tech companies in the UK?
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