๐จ The Smarter Web Company Closes ยฃ19.68M Share Sale & Expands Bitcoin Holdings โ A Bold Double Play in Web3 & BTC!
The UK-listed Smarter Web Company just made headlines again with a successful ยฃ19.68 million share offering, issuing 14 million ordinary shares. With 6,057,914 shares placed, the raise clocks in at a sharp ยฃ3.25 per share, and settlement is expected to finalize early this week โ with 97% of funds already locked in. ๐ผ๐
๐ฐ But thatโs not all โ the firm is also going full throttle into Bitcoin. On July 25, Smarter Web acquired 225 BTC at an average price of $118,076, bringing their total BTC treasury to 1,825 BTC. Thatโs over $215 million in Bitcoin holdings โ making them a serious corporate whale. ๐๐ฅ
๐ Why This Matters:
This dual move signals Smarter Web's growing dominance in both capital markets and the crypto space
Theyโre playing the long game by stacking BTC โ a clear bet on Bitcoin as a treasury asset
Strategic share offering + BTC accumulation = a bold statement in todayโs volatile market
๐ Big Picture:
Smarter Web is joining the ranks of forward-thinking companies aligning with the digital gold narrative, and their momentum is undeniable. With strong capital backing and a growing Bitcoin reserve, they're positioning themselves as a Web3 powerhouse with serious skin in the crypto game.
#InstitutionalAdoption #BTCWhales #DigitalAssets #CryptoTreasury