TLDR: Smarter Web Company placed 1.34M shares, generating £1.19M gross proceeds for its treasury and operations. The London-listed tech firm holds Bitcoin on its balance sheet, highlighting a growing crypto strategy. Approximately 97% of the proceeds are expected to settle early this week for immediate use. 13.88M shares remain under the existing subscription agreement for [...] The post Smarter Web Raises £1.2M in Share Sale, Bitcoin Holdings Stay Central appeared first on Blockonomi.TLDR: Smarter Web Company placed 1.34M shares, generating £1.19M gross proceeds for its treasury and operations. The London-listed tech firm holds Bitcoin on its balance sheet, highlighting a growing crypto strategy. Approximately 97% of the proceeds are expected to settle early this week for immediate use. 13.88M shares remain under the existing subscription agreement for [...] The post Smarter Web Raises £1.2M in Share Sale, Bitcoin Holdings Stay Central appeared first on Blockonomi.

Smarter Web Raises £1.2M in Share Sale, Bitcoin Holdings Stay Central

TLDR:

  • Smarter Web Company placed 1.34M shares, generating £1.19M gross proceeds for its treasury and operations.
  • The London-listed tech firm holds Bitcoin on its balance sheet, highlighting a growing crypto strategy.
  • Approximately 97% of the proceeds are expected to settle early this week for immediate use.
  • 13.88M shares remain under the existing subscription agreement for future placements.

The Smarter Web Company has advanced its funding strategy with a fresh £1.2 million share placement. 

The London-listed tech firm, also the UK’s largest publicly traded Bitcoin holder, reported progress under its September 2025 subscription agreement. Investors responded to the news as the company confirmed most of the proceeds will be settled early this week.

Smarter Web continues to integrate Bitcoin into its treasury strategy, signaling ongoing adoption of digital assets. The remaining shares under the agreement offer potential for further capital inflows.

Smarter Web Share Placement Boosts Crypto Holdings

The company announced that 1,337,000 ordinary shares were successfully placed at roughly £0.89 per share. 

According to The Smarter Web Company, gross proceeds totaled £1,185,771.81 before expenses, with the firm receiving 97% of the funds promptly. This move aligns with their ongoing strategy to grow recurring revenue and expand its client base. Tennyson Securities acted as the lead broker, while Strand Hanson served as the corporate adviser, supporting the transaction.

CEO Andrew Webley explained the share placement enables the company to maintain its growth trajectory while leveraging Bitcoin as part of its treasury approach. 

Since 2023, Smarter Web has accepted Bitcoin payments and views the cryptocurrency as integral to its financial strategy. The funding provides operational flexibility and strengthens its position in the evolving web and crypto markets

The firm plans to continue acquisitions where timing and opportunity match strategic goals.

Bitcoin Integration and Business Expansion

Smarter Web offers web design, development, and marketing services, generating fees through annual hosting and optional monthly marketing plans. 

With the new funds, the company intends to scale operations and acquire complementary businesses. By integrating Bitcoin into both payments and treasury management, it reinforces a crypto-forward identity.

The subscription agreement leaves 13,878,000 shares unplaced, offering further potential capital inflows. Analysts and investors note that integrating Bitcoin into corporate treasury policies is increasingly attracting market attention. 

As the company grows organically and through acquisitions, its Bitcoin holdings may enhance overall financial resilience. Smarter Web’s focus on recurring revenue streams ensures steady cash flow for ongoing initiatives.

The post Smarter Web Raises £1.2M in Share Sale, Bitcoin Holdings Stay Central appeared first on Blockonomi.

Market Opportunity
1 Logo
1 Price(1)
$0.007576
$0.007576$0.007576
+0.46%
USD
1 (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Unleashing A New Era Of Seller Empowerment

Unleashing A New Era Of Seller Empowerment

The post Unleashing A New Era Of Seller Empowerment appeared on BitcoinEthereumNews.com. Amazon AI Agent: Unleashing A New Era Of Seller Empowerment Skip to content Home AI News Amazon AI Agent: Unleashing a New Era of Seller Empowerment Source: https://bitcoinworld.co.in/amazon-ai-seller-tools/
Share
BitcoinEthereumNews2025/09/18 00:10
Adoption Leads Traders to Snorter Token

Adoption Leads Traders to Snorter Token

The post Adoption Leads Traders to Snorter Token appeared on BitcoinEthereumNews.com. Largest Bank in Spain Launches Crypto Service: Adoption Leads Traders to Snorter Token Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she’s not deep into a crypto rabbit hole, she’s probably island-hopping (with the Galapagos and Hainan being her go-to’s). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/banco-santander-and-snorter-token-crypto-services/
Share
BitcoinEthereumNews2025/09/17 23:45
Top cryptos to watch this Christmas: Bitcoin, Ethereum, XRP price predictions

Top cryptos to watch this Christmas: Bitcoin, Ethereum, XRP price predictions

As of December 24, crypto is looking a bit Grinch-like, with most major coins slipping lower. The recent rally is losing momentum, and traders appear to be dialing
Share
Crypto.news2025/12/25 02:30