Web Design Digital Marketing Services(AQUIS: SWC)
Smarter Web Company (AQUIS: SWC) is a listed digital services company focusing on enhancing the online image of a company through web design, development and digital marketing. The company has established a "ten-year plan" to purchase strategic investments to hold Bitcoin.
According to the UK’s Financial Times, as prices of crypto assets such as Bitcoin weaken, some crypto treasury firms—whose core business is holding crypto assets—have begun pivoting to a new financing instrument dubbed “Digital Credit” following declines in their stock prices. This strategy, promoted by the firm, offers investors high-yield perpetual preferred shares, with proceeds used to continue purchasing Bitcoin. Since its launch roughly 10 months ago, the initiative has attracted approximately $10.5 billion in inflows. Several crypto reserve companies are now planning to emulate this model, including Strive Asset Management, The Smarter Web Company, and Capital B.
The UK-based Bitcoin treasury company The Smarter Web Company announced the completion of a private placement of 4,286,410 ordinary shares pursuant to a previously signed subscription agreement. The total gross proceeds raised from this placement amount to approximately £1.5374 million (about $2 million, before deducting expenses), at a price of approximately £0.36 per share. The company expects to retain approximately 98.25% of the net proceeds. As of now, the remaining balance of ordinary shares yet to be placed under the current subscription agreement stands at 52,377,540 shares.
According to the UK’s Financial Times, as prices of crypto assets such as Bitcoin weaken, some crypto treasury firms—whose core business is holding crypto assets—have begun pivoting to a new financing instrument dubbed “Digital Credit” following declines in their stock prices. This strategy, promoted by the firm, offers investors high-yield perpetual preferred shares, with proceeds used to continue purchasing Bitcoin. Since its launch roughly 10 months ago, the initiative has attracted approximately $10.5 billion in inflows. Several crypto reserve companies are now planning to emulate this model, including Strive Asset Management, The Smarter Web Company, and Capital B.
BitcoinTreasuries.NET posted on X platform, stating that UK-listed company The Smarter Web Company (SWC) has added 9 BTC to its holdings, bringing its total holdings to 2,878 BTC, ranking 27th in the Bitcoin 100 list.
According to official announcements, London-listed tech company The Smarter Web Company has acquired an additional 9 bitcoins, bringing its total holdings to 2,878 bitcoins.
The Smarter Web Company (SWC), a UK-listed company, has increased its Bitcoin holdings by 10 BTC, bringing its total holdings to 2,869 BTC. This ranks it 27th on the Bitcoin 100 list, according to BitcoinTreasuries.NET.
London-listed tech company The Smarter Web Company increased its Bitcoin holdings by 19 BTC, bringing its total to 2,859 BTC.
: UK listed company The Smarter Web Company ($SWC) has increased its holdings by 10 BTC, bringing its total holdings to 2,840 BTC, ranking 27th globally in Bitcoin holdings. (BitcoinTreasuries.NET)