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The Smarter Web Company, a British web and marketing company, won 41.2 million GBP ($ 56.59 million) just days after making captions with $ 20 million almost $ 197 bitcoins.
Key with you:
- Smarter Web Company won 41.2 million GBP after buying almost 197 bitcoins.
- Its aggressive acquisition of bitcoins has increased in a month to more than 543 BTC to more than 543 BTC.
- Despite the strong movements of cryptomics, the company’s shares dropped by 15%, but they remain 274%year -on -year.
Firm announced on Thursday that it has ensured financing from institutional investors through an accelerated bookstore, a method that allows companies to quickly acquire capital without extensive marketing.
Of the total funds came from a bookstore 36.27 million GBP ($ 49.8 million), while a subscription was increased another 4.97 million GBP ($ 6.82 million).
The shares were offered for 2.90 GBP ($ 3.98), and the new shares are expected to enter into force of July 1.
Smarter Web’s Fundraising Fuel Bitcoin Purchase
Fundraising is governed by the aggressive strategy of the acquisition of bitcoins Smarter Web Company.
At the beginning of this week, the company revealed that it bought 196.8 BTC at an average price of $ 103,290, increasing its total bitcoin hold to 543.52 BTC – approximately $ 58.19 million.
Since the start of its Bitcoin Treasury strategy in April, the company has bought BTC five times in June only in June, and in less than a month it grew by 460 BTC in less than a month.
Despite the cryptom pressure, web Company participates in stock events.
Trading on the US OTCB market within TICKER TSWCF dropped 15% to $ 3.56 on Thursday after Intraday reached a minimum of $ 3.19, according to Google Finance.
The decline continued trading after hours and shares slipped by another 1.8% to $ 3.49. Even in recent volatility, shares remain 274%in 2025.
Meanwhile, other British companies also increase their bitcoin bets in the middle of the British unclear regulatory attitude to digital assets.
Vinanz, London company Bitcoin Treasury Company, announced on Tuesday Obtained 37.72 BTCWhile its total shares of almost 59 BTC.
In April, the investment company Abraxas Capital made waves with the purchase of bitcoins exceeding $ 250 million.
Liches of Risks in corporate Bitcoins strategies
Matthew Sigel, Head of Research of Digital Asset at Vaneckk, has expressed fresh concern about Bitcoin’s strategies Received by some publicly traded companies, warning that aggressive BTC accumulation could eventually hurt shareholders.
Sigel has selected the use of programs of publishing on the market (AT-the-the-the-the-path (ATM) and claims that they can dilute if the company’s company’s price is close to Bitcoin’s net assets (NAV).
To protect investors, he suggested suspension of ATM programs if trade shares below 0.95 times for more than 10 consecutive days.
He created parallels with past incorrect steps in crypto mining, where uncontrollable dilution and inflated compensation cleared the value of shareholders.
Sigel pointed to Semler Scientific, a medical technology company that stood on Bitcoins in 2024 as a warning story.
Despite the accumulation of 3,808 BTC, the shares of SEMLER threw themselves by more than 45%and dragged its market NAV to 0.82 times NAV.
Contribution Smarter Web Company in the UK after getting 196 bitcoins – more BTC purchases come? He appeared for the first time Cryptonews.
