The UK public company The Smarter Web Company has completed a £10.34 million funding round and holds 1000 BTC.

BlockBeats News, July 9th, according to the announcement disclosed by the UK-listed company The Smarter Web Company, the company has completed a £10.3415 million (pre-tax) subscription financing, issuing 3,182,013 new ordinary shares at a price of £3.25 per share. The new shares are expected to be listed on July 14th. After this financing, The Smarter Web Company's total issued shares will reach 259,649,448 shares, and existing shareholders (including board members) will be diluted by approximately 5.46%.

In previous news, The Smarter Web Company increased its Bitcoin holdings by 226.42 BTC on July 7th, bringing the total holdings to 1000 BTC, with a total investment of £78.22 million.