TechFlow news, June 26 — According to an official announcement, UK-listed company The Smarter Web Company PLC has successfully completed a financing round raising approximately £41.2 million (pre-tax), exceeding its previously set minimum target of £30 million. The fundraising was conducted via accelerated bookbuilding and subscription, with an issue price of £2.90 per share.
The Smarter Web Company had previously adopted a policy of accepting Bitcoin payments and implementing a Bitcoin treasury strategy as part of its long-term plan, positioning Bitcoin as a core component of its corporate financial system. The company's board believes Bitcoin is an appropriate store of value for corporate reserves and growth.
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