The Smarter Web Company, a UK-based Bitcoin treasury firm, has successfully raised $13.25 million through the issuance of preferred shares. The company plans to allocate 47.93% of the proceeds toward additional Bitcoin acquisitions, while 46.08% will fund working capital and general corporate purposes, with the remaining 5.99% dedicated to operational growth strategies.
Trading for the $MORE ticker is scheduled to commence this Wednesday on the London Stock Exchange Main Market. The first weekly dividend distribution is set for November 9, marking a key milestone in the company's capital structure and shareholder return program.
UK Bitcoin Treasury Firm The Smarter Web Company Raises $13.25M via Preferred Shares
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