The Smarter Web Company, a UK-based Bitcoin treasury firm, has successfully completed a private placement, raising approximately $2 million. The company issued 4,286,410 ordinary shares at a price of about £0.36 per share, totaling around £1.5374 million. The net proceeds are expected to be approximately 98.25% of the raised amount. The company still has 52,377,540 unissued ordinary shares under its current subscription agreement.