Skip to main content
727 Finance
English

The UK bitcoin treasury company The Smarter Web Company raised $13.25 million through the issuance of preferred shares.

PANews October 12 news: UK Bitcoin treasury company The Smarter Web Company successfully raised $13.25 million through the issuance of preferred shares. $MORE will begin trading on the main market of the London Stock Exchange (LSE) this Wednesday, with the first weekly dividend scheduled for November 9. Of the funds, 46.08% will be used as working capital and for general corporate purposes, 47.93% will be used to purchase additional Bitcoin, and 5.99% will be used for operating business growth strategies.

Related news

  1. Apple Earnings Preview: After Memory Price Increases, How Much Profit Can Apple Still Keep?

    Apple is highly likely to deliver earnings for this quarter that are close to or slightly above expectations, but its guidance for the next quarter may not sati...

  2. The crypto market has recovered slightly, the CeFi sector has risen modestly, and the AI sector has continued to pull back.

  3. Analysis: Previous Bitcoin cycle bottoms all occurred shortly after U.S. midterm elections; late this year to early next year may be the bottom window.

  4. Taking stock of the 5 major crypto tokens that truly make money in a bear market.

    Income is important, but who ultimately pockets that income matters even more.

  5. Galaxy Research Director: Bitcoin closes above its 50-week moving average for the 7th consecutive week.