Smarter Web Raises $37.1 Million for Bitcoin Holdings, Stock Surges 27%

Generated by AI AgentCoin World
Monday, Jun 16, 2025 10:05 pm ET1min read

Smarter Web Company PLC, a publicly traded UK firm, has successfully raised $37.1 million on the Aquis Exchange to expand its Bitcoin holdings. This significant capital raise was achieved through the issuance of 16.3 million new shares at £1.80 each, with substantial support from major institutional investors. The move aligns Smarter Web with industry leaders such as

and , who have also adopted Bitcoin as part of their corporate treasury strategies.

The fundraising effort marks a strategic shift for Smarter Web, which initially focused on web design but has since pivoted towards digital assets post its public listing in 2025. The company's Bitcoin treasury policy is now a central component of its financial strategy, reflecting a broader industry trend towards the adoption of digital assets. Prior to this funding round, Smarter Web held 242.34 Bitcoins, and the latest infusion aims to further bolster these holdings.

The market responded positively to the news, with Smarter Web's stock price surging 27% on the Aquis Exchange. This increase underscores the growing acceptance and enthusiasm for Bitcoin within the corporate sector. The company's commitment to holding Bitcoin not only aligns with broader industry trends but also reinforces the narrative of Bitcoin's role in corporate fiscal strategies. Tesla, for instance, holds over 11,500 BTC, highlighting the significant potential for Bitcoin in corporate treasuries.

Industry observers note that Smarter Web's $37.1 million allocation, while modest in the global context, continues to sell the narrative of

adoption among public companies. The event was conducted under normal market rules, ensuring a regulatory-compliant process and providing assurance to stakeholders. This move by Smarter Web underscores the continuing shift towards digital assets among technologically forward companies, showcasing Bitcoin's growing role in diversification and macro-hedging strategies.

In summary, Smarter Web Company PLC's $37.1 million fundraising for Bitcoin purchase highlights the company's strategic pivot towards digital assets. The move aligns with industry leaders and reflects a broader trend of corporate adoption of Bitcoin. The positive market response and regulatory compliance further reinforce the narrative of Bitcoin's role in corporate fiscal strategies, positioning Smarter Web as a forward-thinking player in the digital asset space.

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