The Smarter Web Company Raises $56.5M to Buy More $BTC TC
On June 26, The Smarter Web Company, a London-listed tech firm, successfully raised ~$56.5 million through accelerated bookbuilding and a share subscription — with one clear goal: buying more Bitcoin.
Key Highlights:
Funds raised via fully paid ordinary shares
New shares will carry full dividend and distribution rights equal to existing shares
Strategy reflects continued institutional confidence in $BTC as a treasury asset
This move underscores the growing trend of public companies doubling down on crypto reserves. Who's next?