The Smarter Web Company, which stockpiles Bitcoin, raises $10.27 million

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Son Min

Summary

  • UK-listed company The Smarter Web Company announced that it has raised a total of $10.27 million through a new share issuance.
  • The company, which has adopted a Bitcoin accumulation strategy, reportedly holds a total of 2,100 Bitcoins.
  • The average Bitcoin purchase price is £81,472 ($109,327).

The Smarter Web Company, a UK-listed firm that has adopted a Bitcoin (BTC) stockpiling strategy, has reportedly raised £7.62 million (approximately $10.27 million).

On the 11th (local time), The Smarter Web Company announced via X (formerly Twitter), "£7.62 million has been raised through a new share issuance."

Meanwhile, The Smarter Web Company's total Bitcoin holdings amount to 2,100 BTC. The average purchase price per Bitcoin is £81,472 ($109,327).

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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