Smarter Web to Become UK's First BTC Firm to Issue Preferred Shares
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The Smarter Web Company, described as the largest listed Bitcoin corporate treasury in the UK, plans to launch the preferred MORE stock on the London Stock Exchange to raise between GBP 15 million and GBP 25 million. The instrument would have no voting rights, offer a cumulative weekly variable rate dividend and seek to give investors indirect exposure to a BTC-loaded balance sheet.
A web design company in Bristol aims to become the first British commercial company to quote perpetual preferential shares in pounds linked to a Bitcoin reserve. Smarter Web Company's LIPO plans to launch a new class of titles, reserved under the MORE symbol, on the Main Market of the London Stock Exchange. [...]
Smarter Web plans UK's first Bitcoin-firm preferred share listing
The UK’s largest listed Bitcoin treasury holder, The Smarter Web Company (LON: SWC), announced plans this Friday to launch a new class of preferred shares, the first of its kind by a British corporate Bitcoin holder, on the main London Stock Exchange. The preferred share, “MORE,” will be listed with a nominal value of £0.001...
Smarter Web to become UK's first BTC firm to issue preferred shares
The UK’s largest listed Bitcoin treasury holder, The Smarter Web Company (LON: SWC), announced plans this Friday to launch a new class of preferred shares, the first of its kind by a British corporate Bitcoin holder, on the main London Stock Exchange. The preferred share, “MORE,” will be listed...
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