UK’s The Smarter Web Company Raises $56M Days After Big Bitcoin Buy

Smarter Web Raises $56M Days After Buying 196 Bitcoin

The company raised $56 million using a fast equity method with no public marketing. Smarter Web now holds over 543 bitcoins after adding 196 bitcoins in late June. Its shares dropped nearly 15 percent after the Bitcoin buy and funding news came out. UK-based firm The Smarter Web Company raised $56.59 million just two days after buying 196.8 Bitcoins worth over $20 million. The company confirmed on Thursday that the capital came from institutiona…

Web Firm Raises $56M to Fuel Aggressive Bitcoin Buying

The Smarter Web Company raised $56.6M days after buying $20M in Bitcoin Their Bitcoin holdings now total 543.5 BTC, up 460 BTC in just one month Shares fell 15% post-announcement but remain up 274% year-to-date A web design firm buying hundreds of millions in Bitcoin? That’s exactly what’s happening — and fast. The Smarter Web Company, a UK-based digital marketing group, just raised £41.2 million (roughly $56.6 million) right after making headli…

UK Web Company Raises $56M After Major Bitcoin Purchase

Smarter Web Company raised £41.2 million ($56.59 million) from institutional investors following its Bitcoin accumulation strategy. The company accelerated Bitcoin purchases in June with five transactions, growing from 83.24 to over 543 Bitcoin in 30 days After the bold Bitcoin accumulation strategy, the Smarter Web Company received considerable funding from institutional investors. The digital marketing company based in the UK has raised 41.2 …

The Smarter Web Company Pulls in $56M in Fresh Funds

The Smarter Web Company, a web design and digital marketing business based in the UK, has secured £41.2 million ($56.6 million) in new funding after buying a large amount of Bitcoin BTC.

UK Tech Firm The Smarter Web Co. Nets $56M Just Days After Major Bitcoin Purchase

In a resounding demonstration of bullish confidence in the cryptocurrency market, The Smarter Web Company recently announced a successful fundraising effort, securing $56 million. This financial boost comes shortly after the company made headlines with its significant investment in Bitcoin, purchasing 196 coins. This strategic move underscores the growing confidence among tech companies in the stabilizing potential and future promise of cryptocu…

The Smarter Web Company Raises $56M After 196 Bitcoin Buy - Data Intelligence

UK-based web design and marketing firm The Smarter Web Company has raised 41.2 million British pounds ($56.59 million), days after it purchased 196 Bitcoin to add to its growing holdings. The firm said on Thursday that the raise came from institutional investors via accelerated bookbuild, a process where a company raises capital quickly, usually within one or two days, without any marketing push. The Smarter Web Company raised 36.27 million Brit…