Exchanges· ★★· bullish·

UK bitcoin treasury firm The Smarter Web Company raises $13.25M via preferred shares

  • —Raised $13.25M through a preferred share issuance
  • —47.93% of proceeds earmarked for additional bitcoin purchases
  • —46.08% for working capital, 5.99% for business growth
  • —$MORE to debut on LSE main market Wednesday, dividends from Nov 9
Why it matters: Another listed company expanding its bitcoin treasury underscores corporate demand for BTC.
#BTC
Source: PANews
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