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Smarter Web Company Continues Aggressive Bitcoin Accumulation Strategy

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by Giorgi Kostiuk

3 hours ago

Smarter Web, a London-listed company, has announced raising £17.5 million through an equity offering to continue its Bitcoin accumulation strategy.

Financial Results of Smarter Web Company

Smarter Web Company managed to raise £17.5 million by issuing 5.9 million new shares at £2.95 each. This equity offering was organized by Tennyson Securities and Peterhouse Capital Ltd.

Bitcoin Accumulation Strategy

Recently, the company acquired 325 BTC for £27.15 million ($36.45 million) at an average price of £83,525 ($112,157) per coin. This followed a previous acquisition of 275 BTC at an average price of $108,182.

Future of the Company and Accumulations

Since its IPO, Smarter Web Company has raised £2,435,422 per day, much of which has been allocated for Bitcoin purchases, based on its 10-Year Plan.

Smarter Web demonstrates an aggressive approach to Bitcoin accumulation, achieving significant success in just a few months of operation.

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