Smarter Web Company Raises £29.3M to Grow Bitcoin Holdings

The Smarter Web Firm, a UK-basically based internet comprise and digital products and services agency, has raised £29.3 million in a silent funding round to toughen its Bitcoin treasury strategy.

The lift changed into once carried out thru an accelerated bookbuild and a subscription with institutional investors. Shares were priced at £1.80 every, matching the closing record on Friday, June 13. That mark is more than double the firm’s final fundraising round.

“The Smarter Web Firm is joyful to exclaim the a success completion of an Accelerated Bookbuild to institutional investors thru Tennyson Securities and Peterhouse Capital Restricted. A Subscription with Qualified Traders has moreover been carried out, the firm said.

In total, more than 16.2 million silent shares were issued—15.4 million thru the bookbuild and about 854,000 thru the subscription.

With a high stage of quiz the Bookbuild and Subscription has raised roughly £29.3 million, effectively above the said minimal of £15 million, thru the topic of a full of 16,297,627 silent frequent shares of £0.001 every at £1.80 per section. The Supply Label changed into once on the closing record mark on Friday 13 June 2025,” the firm said.

The lift comes factual three days after the firm published it had purchased 74.27 more Bitcoin for £5.98 million, bringing its total Bitcoin holdings to 242.34 BTC. Its sensible fee basis now sits at £78,793 per Bitcoin.

“The Firm believes that Bitcoin forms a core segment of the draw ahead for the realm financial diagram,” it said in both filings.

Smarter Web started building its Bitcoin treasury strategy in 2023.

“Since 2023 The Smarter Web Firm has adopted a coverage of accepting fee in Bitcoin. The Firm is pioneering the adoption of a Bitcoin Treasury Policy into its strategy.”

The strategy changed into once officially formalized in April, 2025 with the inaugurate of its “10 twelve months Belief,” seeing Bitcoin play a key role in its financial structure.

Admission of the silent shares is anticipated round June 19, after which the firm’s total shares in arena will rise to over 220 million.

With this lift, Smarter Web continues to stand out as one in all the few UK-listed companies actively building a corporate Bitcoin treasury.

This submit Smarter Web Firm Raises £29.3M to Grow Bitcoin Holdings first looked on Bitcoin Journal and is written by Jenna Montgomery.