The Smarter Web Company Raises $56.5 Million to Expand Bitcoin Holdings

The Smarter Web Company, a publicly traded technology firm based in London, successfully secured around $56.5 million through an accelerated bookbuilding and subscription process aimed at expanding its Bitcoin holdings. The newly issued ordinary shares, both from the bookbuilding and subscription, will be fully paid upon issuance and will carry identical rights to the company’s existing shares. This includes entitlement to all dividends and distributions declared from the issue date onward. This strategic capital raise underscores the firm’s commitment to increasing its exposure to cryptocurrency assets within a regulated framework, reflecting growing institutional interest in digital asset allocation.