The Smarter Web Company has wrapped up another impressive week, driven by fresh investments, a Bitcoin acquisition, and increasing acknowledgment from both traditional finance and cryptocurrency sectors. In the latest weekly update, CEO Andrew Webley shared his insights on the company’s progress, highlighting significant achievements while laying out plans for future growth. The week commenced with an announcement of a £2.6 million fundraising effort through their ATM-style platform, which was made possible by shares sold in the market via a partner over two weeks at the end of August and early September.
Webley characterized this initiative as crucial for bolstering SWC’s financial standing. The additional funds will facilitate the company’s goal of establishing a robust Bitcoin Treasury while positioning SWC as a long-term contender in the digital asset landscape. During his time in London, he engaged in consecutive meetings with potential investors and partners. He observed that conventional investors are increasingly receptive to companies focused on Bitcoin as they begin to see their long-term potential.
Growing the Bitcoin Treasury
On Wednesday, SWC revealed its most recent purchase of Bitcoin, raising its total holdings to 2,470 BTC. This acquisition propelled them back into 25th place on the leaderboard maintained by BitcoinTreasuries.net which monitors corporate and institutional reserves globally. Webley noted that institutional investors are beginning to understand “compound Bitcoin,” viewing treasury-focused firms as attractive equity opportunities. He stated that companies with substantial Bitcoin Treasuries could represent some of the best equity prospects worldwide—a testament to SWC’s ongoing commitment to enhancing its position in this digital currency market.
Acknowledgment and Community Development
An additional highlight occurred on Friday when an article featuring SWC was published by Financial Times—an achievement that Webley regarded as pivotal for gaining credibility within traditional markets and among broader cryptocurrency enthusiasts. Later that evening he participated in “Bitcoin + Feast,” an event centered around community engagement organized by HenryBTCchef which included live entertainment and networking opportunities allowing him to connect directly with supporters while addressing questions from attendees.
The community surrounding SWC continues to flourish; it now boasts over 4,300 members! Webley commended this diversity within their ranks alongside strong backing from shareholders and advocates of Bitcoin alike stating “Our community strengthens every week.” He expressed gratitude for their enthusiasm towards collective goals.
Future Engagements: U.S.A & U.K
In upcoming days next week Webley is set to travel New York City for Tim Kotzman’s hosted event titled “Bitcoin Treasuries Unconference.” This gathering will present chances not only meet shareholders but also explore relationships with prospective investors along new partnership avenues beneficial toward advancing growth initiatives at SWC following his visit stateside; he’ll return back home attending BSE conference where he described such packed schedule intense yet vital providing essential direct connections amongst stakeholders plus wider crypto communities alike!
A Collaborative Effort
Webley’s update concluded with heartfelt thanks directed towards both shareholders along side dedicated team members including Jesse Myers Mario Sean Tyler Evans Albert Laura Lily Alex whose efforts drive mission forward emphasizing how fortunate he feels having such exceptional individuals committed achieving shared vision intended benefiting all stakeholders involved!
With successful fundraising endeavors complemented increased assets held within bitcoin treasury coupled rising recognition overall SMW is firmly establishing itself emerging player straddling realms between traditional finance & digital currencies space reflecting momentum indicative not just business advancements but larger shift occurring regarding institutions’ perspectives surrounding bitcoin serving foundational role supporting future growth trajectories ahead!