TLDR: Smarter Web Company placed 1.34M shares, generating £1.19M gross proceeds for its treasury and operations. The London-listed tech firm holds Bitcoin on its balance sheet, highlighting a growing crypto strategy. Approximately 97% of the proceeds are expected to settle early this week for immediate use. 13.88M shares remain under the existing subscription agreement for [...] The post Smarter Web Raises £1.2M in Share Sale, Bitcoin Holdings Stay Central appeared first on Blockonomi.TLDR: Smarter Web Company placed 1.34M shares, generating £1.19M gross proceeds for its treasury and operations. The London-listed tech firm holds Bitcoin on its balance sheet, highlighting a growing crypto strategy. Approximately 97% of the proceeds are expected to settle early this week for immediate use. 13.88M shares remain under the existing subscription agreement for [...] The post Smarter Web Raises £1.2M in Share Sale, Bitcoin Holdings Stay Central appeared first on Blockonomi.

Smarter Web Raises £1.2M in Share Sale, Bitcoin Holdings Stay Central

TLDR:

  • Smarter Web Company placed 1.34M shares, generating £1.19M gross proceeds for its treasury and operations.
  • The London-listed tech firm holds Bitcoin on its balance sheet, highlighting a growing crypto strategy.
  • Approximately 97% of the proceeds are expected to settle early this week for immediate use.
  • 13.88M shares remain under the existing subscription agreement for future placements.

The Smarter Web Company has advanced its funding strategy with a fresh £1.2 million share placement. 

The London-listed tech firm, also the UK’s largest publicly traded Bitcoin holder, reported progress under its September 2025 subscription agreement. Investors responded to the news as the company confirmed most of the proceeds will be settled early this week.

Smarter Web continues to integrate Bitcoin into its treasury strategy, signaling ongoing adoption of digital assets. The remaining shares under the agreement offer potential for further capital inflows.

Smarter Web Share Placement Boosts Crypto Holdings

The company announced that 1,337,000 ordinary shares were successfully placed at roughly £0.89 per share. 

According to The Smarter Web Company, gross proceeds totaled £1,185,771.81 before expenses, with the firm receiving 97% of the funds promptly. This move aligns with their ongoing strategy to grow recurring revenue and expand its client base. Tennyson Securities acted as the lead broker, while Strand Hanson served as the corporate adviser, supporting the transaction.

CEO Andrew Webley explained the share placement enables the company to maintain its growth trajectory while leveraging Bitcoin as part of its treasury approach. 

Since 2023, Smarter Web has accepted Bitcoin payments and views the cryptocurrency as integral to its financial strategy. The funding provides operational flexibility and strengthens its position in the evolving web and crypto markets

The firm plans to continue acquisitions where timing and opportunity match strategic goals.

Bitcoin Integration and Business Expansion

Smarter Web offers web design, development, and marketing services, generating fees through annual hosting and optional monthly marketing plans. 

With the new funds, the company intends to scale operations and acquire complementary businesses. By integrating Bitcoin into both payments and treasury management, it reinforces a crypto-forward identity.

The subscription agreement leaves 13,878,000 shares unplaced, offering further potential capital inflows. Analysts and investors note that integrating Bitcoin into corporate treasury policies is increasingly attracting market attention. 

As the company grows organically and through acquisitions, its Bitcoin holdings may enhance overall financial resilience. Smarter Web’s focus on recurring revenue streams ensures steady cash flow for ongoing initiatives.

The post Smarter Web Raises £1.2M in Share Sale, Bitcoin Holdings Stay Central appeared first on Blockonomi.

Market Opportunity
1 Logo
1 Price(1)
$0.007621
$0.007621$0.007621
+1.06%
USD
1 (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
What is the Outlook for Digital Assets in 2026?

What is the Outlook for Digital Assets in 2026?

The post What is the Outlook for Digital Assets in 2026? appeared on BitcoinEthereumNews.com. The crypto market cap reached $4.3 trillion in 2025 as institutions
Share
BitcoinEthereumNews2025/12/25 03:23
Pudgy Penguins’ Non-Crypto Display Wraps Las Vegas Sphere, Potentially Elevating PENGU Brand Reach

Pudgy Penguins’ Non-Crypto Display Wraps Las Vegas Sphere, Potentially Elevating PENGU Brand Reach

The post Pudgy Penguins’ Non-Crypto Display Wraps Las Vegas Sphere, Potentially Elevating PENGU Brand Reach appeared on BitcoinEthereumNews.com. Pudgy Penguins,
Share
BitcoinEthereumNews2025/12/25 03:41