Bitcoin Magazine Smarter Web Company Raises £29.3M to Grow Bitcoin Holdings The Smarter Web Company, a UK-based web design and digital services firm, has raised £29.3 million in a new funding round to support its Bitcoin treasury strategy. JUST IN: Publicly traded The Smarter Web Company raised £29.3M (~$37.1M) to buy more #Bitcoin pic.twitter.com/n5k7XlLvie— Bitcoin Magazine (@BitcoinMagazine) June 16, 2025 The raise was completed through an accelerated bookbuild and a subscription with institutional investors. Shares were priced at £1.80 each, matching the closing bid on Friday, June 13. That price is more than double the company’s last fundraising round. “The Smarter Web Company is pleased to announce the successful completion of an Accelerated Bookbuild to institutional investors through Tennyson Securities and Peterhouse Capital Limited. A Subscription with Qualified Investors has also been completed, the company said. In total, more than 16.2 million new shares were issued—15.4 million through the bookbuild and about 854,000 through the subscription. With a high level of demand the Bookbuild and Subscription has raised approximately £29.3 million, well above the stated minimum of £15 million, through the issue of a total of 16,297,627 new ordinary shares of £0.001 each at £1.80 per share. The Offer Price was at the closing bid price on Friday 13 June 2025,” the company said. The raise comes just three days after the company revealed it had purchased 74.27 more Bitcoin for £5.98 million, bringing its total Bitcoin holdings to 242.34 BTC. Its average cost basis now sits at £78,793 per Bitcoin. “The Company believes that Bitcoin forms a core part of the future of the global financial system,” it said in both filings. Smarter Web started building its Bitcoin treasury strategy in 2023. “Since 2023 The Smarter Web Company has adopted a policy of accepting payment in Bitcoin. The Company is pioneering the adoption of a Bitcoin Treasury Policy into its strategy.” The strategy was officially formalized in April, 2025 with the launch of its “10 Year Plan,” seeing Bitcoin play a key role in its financial structure. Admission of the new shares is expected around June 19, after which the company’s total shares in issue will rise to over 220 million. With this raise, Smarter Web continues to stand out as one of the few UK-listed companies actively building a corporate Bitcoin treasury. This post Smarter Web Company Raises £29.3M to Grow Bitcoin Holdings first appeared on Bitcoin Magazine and is written by Jenna Montgomery. in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. You must only respond with the modified content and follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
Smarter Web Company Secures £29.3 Million to Expand its Bitcoin Assets
