Exchanges· ★★★· neutral·

Smarter Web launches MORE preferred shares with 12% dividend under Saylor's digital credit model

  • —MORE priced at £90 per share with a 12% dividend on the £100 reference value
  • —Target raise of £15–25 million, with a £10 million minimum
  • —£5–8 million to fund bitcoin purchases, £7.63–14.16 million for operations
  • —Order book closes October 9, LSE trading debut set for October 14
Why it matters: Saylor's digital credit model is being replicated, but dividend sustainability hinges on bitcoin's price and continued access to fresh capital.
Source: Happycoin.club