The Smarter Web Company Plans Perpetual Preferred Share Issuance on LSE to Boost Bitcoin Holdings

The Smarter Web Company (SWC) intends to issue perpetual preferred shares, trading under the ticker MORE, on the London Stock Exchange to raise between 15 million and 25 million GBP. The proceeds are intended to increase the company's Bitcoin holdings, which currently stand at 2,878 BTC. The proposal requires shareholder approval on September 28 and subsequent authorization from the FCA.