Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

Premium is discounted today! 👉 Get 60% OFF 👈

Smarter Web CEO Marks £33.2M Raise and 1,275 BTC Treasury Win

4h ago
bullish:

0

bearish:

0

Share
img

Andrew Webley, CEO of The SWC, shared a sweeping recap of what he called a “positive” week for the London-listed tech firm. The company raised £33.2 million and pushed its Bitcoin holdings to 1,275 BTC, cementing its lead as the UK’s largest public Bitcoin-holding firm.

Webley’s post on X highlighted key financial wins, fresh community growth, and his reflections on SWC’s evolving Bitcoin strategy. “It’s okay as far as I’m concerned,” he wrote casually, despite adding millions to the company’s treasury.

Major Bitcoin Buys and Capital Raise

On Monday, SWC confirmed it had crossed the 1,000 BTC milestone. That same day, the firm closed the first tranche of its ATM-style subscription agreement, raising £22.9 million. Later in the week, the company announced another Bitcoin purchase, adding 275 BTC to its holdings. That pushed the company’s treasury to 1,275 BTC in total, worth over £100 million at current market prices.

By Wednesday, SWC revealed it had raised another £10.3 million. Combined, the two events brought in £33.2 million in new capital before expenses. Webley timed the announcement just as Bitcoin began moving higher. It gave the treasury update even more weight in the eyes of crypto investors.

Transparency, Community, and Conference Presence

Webley also reflected on his appearance at the Bitcoin For Corporations Digital Conference, where he joined other executives to discuss Bitcoin adoption. He said he enjoyed hearing from other presenters and hinted at upcoming podcast appearances.

Internally, SWC continues to track website data and Bitcoin treasury stats daily, adding a layer of operational transparency. “I’ve enjoyed using our analytics,” Webley shared, pointing out that the treasury now forms a visible part of their corporate identity.

The company also saw community growth. SWC’s social following rose over 10% in the past week, hitting 3,400 members. Webley gave shoutouts to several community figures, including @BitcoinBee21 for keeping the “Webley Tracker” updated. Even merch sales got a mention. SWC has already shipped out a solid number of online orders, especially across the UK.

Implications for Bitcoin in Public Markets

Webley’s recap underscores SWC’s role as a serious Bitcoin treasury adopter, not just a tech firm testing the waters. The scale of its weekly raise and BTC buys positions the company as a leader among UK public firms exploring digital assets.

Unlike many CEOs who keep treasury moves vague, Webley continues to lead with openness. His frequent posts, data mentions, and shoutouts show a different tone, part corporate, part crypto-native.

With £33.2 million raised and 1,275 BTC on the books, Smarter Web is quickly becoming a case study for Bitcoin in public company treasuries. Webley, for his part, is already looking forward. “It’s Saturday morning,” he said, “and I’m already eager for the next week to start.”

The post Smarter Web CEO Marks £33.2M Raise and 1,275 BTC Treasury Win appeared first on Coinfomania.

4h ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.