The Smarter Web Company has raised approximately $56.5 million in funding, intended to be used to purchase more Bitcoin.

BlockBeats News, June 26th, The Smarter Web Company, a London-listed technology firm, raised approximately $56.5 million through an accelerated bookbuilding and subscription to buy more Bitcoin. The bookbuilding ordinary shares and subscription ordinary shares will be fully paid at the time of issue and will have the same rights in all respects as the company's existing ordinary shares, including but not limited to the right to receive all dividends and other distributions declared, paid, or made on or after the issue date.