According to Mars Finance, The Smarter Web Company (code: SWC) announced today that it has successfully placed 230,000 ordinary shares, raising approximately £140,000 (about £0.61 per share). The company expects to receive about 98% of the funds by early this week. The company is the largest listed company in the UK holding Bitcoin on its balance sheet, and this placement is based on the subscription agreement announced on September 4, 2025. There are currently 13,240,500 ordinary shares remaining to be placed under this agreement. Investors can view the full RNS announcement on the company’s official website.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin News: Nasdaq EV Firm Jiuzi Targets $1B BTC Acquisition
March 6, 2026 9:15 pm EST
TheCoinRepublic2m ago
This week, the US Bitcoin spot ETF saw a net inflow of $568 million, with BlackRock IBIT inflows of $660 million.
This week, the US Bitcoin spot ETF saw a net inflow of $568 million, mainly from BlackRock's IBIT and several other funds, while Fidelity's FBTC and Grayscale's GBTC experienced net outflows.
GateNews49m ago
CryptoQuant: Bitcoin NUPL--MVRV indicator reaches 0.33, or has entered the mid-stage of a bear market
Gate News Announcement, March 7th, CryptoQuant analyst Axel pointed out on the X platform that the Bitcoin NUPL--MVRV harmonic composite indicator has reached 0.33, while historical cycle bottoms typically occur around the 0.5 range. The chart shows that the bear market cycle is beginning to shift upward, indicating that Bitcoin may have entered the mid-stage of this bear market cycle, suggesting that extreme selling conditions are easing. However, this indicator is still well above historical bottom levels, implying that a market-wide bottom has not yet been confirmed.
GateNews53m ago
Bitcoin Payments Expand as Utexo Secures $7.5M From Tether
Utexo has secured $7.5 million to enable direct USDT settlements on the Bitcoin network, reducing reliance on bridges and enhancing payment efficiency. Tether's investment signals strong market potential for Bitcoin as a stablecoin payment platform.
Coinfomania59m ago
Bitcoin Dip May Continue as Retail Buys Under $70K, Santiment Says
Bitcoin has shown renewed volatility as buyers and sellers clash at key levels. Retail participants have been loading up after the price dipped below $70,000, while larger holders have been trimming positions. Over a period spanning Feb. 23 to Mar. 3, Bitcoin traded roughly between $62,900 and $69,6
CryptoBreaking1h ago