Smarter Web Company, which is based in the United Kingdom, collected 41.2 million British pounds ($ 56.59 million), days after the purchase of 196 Bitcoin to add to its growing holdings.
Company He said On Thursday, the increase of institutional investors came through the accelerated Bookbuild, a process in which the company raises the capital quickly, usually within a day or two, without any marketing payment.
The web company, Smarter, collected 36.27 million British pounds ($ 49.8 million) with Bookbuild and 4.97 million British pounds (6.82 million dollars) in conjunction. The offer price was 2.9 pounds ($ 3.98) per share.
The company expects that the shares issued through both offers will enter into force as of July 1.
The height comes days after Holdings Pass 540 Bitcoin
The increase came two days after the most intelligent web company He said It has spent more than $ 20 million to buy 196.8 Bitcoin (BTC) with an average price of 103,290 dollars each.
The company held 543.52 BTC as of Tuesday, purchased at an average price of $ 104,450, which is about $ 58.19 million.
source: The most intelligent web company
Smarter BTC has bought five times in June so far, and its Bitcoin’s McNCON increased from 83.24 BTC at the end of May to 543.52 BTC, an increase of 460.28 BTC in less than 30 days.
The company launched the Bitcoin Strategy to the Treasury in April, but it accepted Bitcoin as a payment since 2023.
The stock price is dwindling amid the last bitcoin purchase
In the United States, the most intelligent web company is trading on OTCQB, a market that is not issued without a prescription that includes early or advanced phase companies.
The shares of Smarter Web Company PLC (TSWCF) fell by 15 % and closed on Thursday at $ 3.56 after reaching the lowest level during the day 3.19 dollars, According to To Google Finance.
Related to: UK FCA proposes lifting the ban on Crypto Etns for retailers
Her shares decreased by another 1.8 % after the bell and ended the after -hour session at $ 3.49. Despite the last decrease, the company’s shares still rise by 274 % of the year.
UK companies buy Bitcoin
Other UK companies purchase Bitcoin, although there are no clear laws in the country on digital assets.
On Tuesday, Vinans, a company listed on the London Stock Exchange, which markets itself as the Bitcoin Company of the Treasury, said, acquired 37.72 BTC to raise its total possessions to 58.68 BTC.
In April, the London -based ABRAXASASAS Capital bitcoin bitcoin bitcoin bought more than $ 250 million.
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2025-06-27 06:14:00
