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The Smarter Web Company Acquires £8.1M in Bitcoin For Treasury Holdings

  • The Smarter Web Company, listed as AQUIS: SWC and OTCQB: TSWCF, has acquired £8.1 million worth of Bitcoin, purchasing an additional 104.28 Bitcoin at an average price of £77,751 per Bitcoin.
  • The company has been accepting payment in Bitcoin since 2023 and believes in the future of Bitcoin as part of the global financial system.
  • With this recent purchase, The Smarter Web Company now holds a total of 346.63 Bitcoin valued at £27.2 million with an average purchase price of £78,480 per Bitcoin, integrated into its '10 Year Plan' Bitcoin strategy.
  • CEO Andrew Webley aims to inspire other UK companies to implement similar Bitcoin treasury policies.
  • Following a £29.3 million capital raise, updated director shareholdings were confirmed, resulting in ownership adjustments for key shareholders like Andrew Webley & Family, Tyler Evans, Mario Visconti, and Sean Wade & Family.
  • The company has signed a Subscription Agreement for up to 21 million new Ordinary Shares, allowing phased issuance, with the initial tranche of 7 million shares available immediately.

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