News

Andrew Webley Reports £5M Raise, 55 Bitcoin Buy & Treasury Growth

By

Shweta Chakrawarty

Shweta Chakrawarty

The Smarter Web Company raised an additional £5 million and purchased 55 BTC. CEO Andrew Webley shared the update.

Andrew Webley Reports £5M Raise, 55 Bitcoin Buy & Treasury Growth

Quick Take

Summary is AI generated, newsroom reviewed.

  • SWC secured £5 million through a subscription agreement at a favorable average share price of ≈£1.30.

  • The company purchased 55 BTC, increasing its total Bitcoin holdings to 2,525 BTC.

  • CEO Andrew Webley highlighted a significant 300% quarter-to-date Bitcoin yield achieved by the company.

  • The SWC community grew to approximately 4,500 members, becoming the third-largest Bitcoin treasury community worldwide.

The Smarter Web Company has delivered another packed week of developments. As highlighted in CEO Andrew Webley latest update. The firm secured an additional £5 million through a subscription agreement. Also, expanded its Bitcoin holdings with a 55 BTC purchase. This strengthened its growing investor community.

£5M Raised Through Subscription Agreement

Andrew Webley confirmed that SWC successfully raised £5 million via a subscription agreement. Which is often compared to an “ATM-style” facility. The average share price was around £1.30. Which he described as favorable for the company, given current market conditions. This move follows the SWC strategy of maintaining flexibility in capital raising while ensuring shareholder value. The announcement has generated positive discussions across the SWC community. Several investors are analyzing the implications of this raise for long term growth. Webley emphasized that securing additional funds during turbulent markets shows investor conviction and the company’s ability to execute.

Bitcoin Treasury Expansion

One of the week’s standout milestones was the SWC purchase of 55 Bitcoin. This lifted its treasury to 2,525 BTC in total. According to Andrew Webley, the company has achieved a Bitcoin yield of nearly 300% quarter-to-date. This yield will reset at the beginning of the next quarter. But he underlined the importance of this metric when assessing companies with significant Bitcoin exposure. On-chain data confirms the acquisition. Further solidifying SWC’s position as one of the leading corporate Bitcoin holders. With global adoption trends strengthening, Webley suggested that treasury companies like SWC face opportunities and challenges in managing such a volatile asset.

Strengthening the Community

Throughout the week, SWC executives and community members participated in interviews, livestreams, and panel discussions across multiple platforms. Andrew Webley highlighted appearances by team members such as Jesse Myers and @mc_khristina. Who engaged with the broader Bitcoin and investment community. He also praised the independence of the SWC community. Which now counts roughly 4,500 members and has become the third largest Bitcoin treasury community worldwide. Webley noted that neither he nor other employees moderates it. This allows members to freely exchange views. 

Special recognition was given to contributors like @BitcoinBee21, who independently developed new tools for the SWC dashboard, including an upgraded media section. Events such as Bitcoin + Feast, hosted by @HenryBTCchef also provided networking opportunities. Andrew Webley attended alongside colleagues, family, and community members. He emphasizes the personal and professional ties that continue to shape SWC culture.

Preparing for Token2049 and Beyond

Looking ahead, Andrew Webley revealed plans to attend Token2049 in Singapore. He made his first appearance at the major global crypto event. With a packed schedule of meetings. He sees the conference as a chance to deepen industry relationships and present the SWC mission to a wider audience. He also reaffirmed gratitude to the SWC team. Naming several individuals now active on X, including Albert, Sean, Tyler Evans, Alex Wrench, Laura Stanton-Hobbs, and Mario. 

According to Webley, their collective effort underpins the company’s ability to deliver results despite market challenges. The combination of new capital, continued Bitcoin accumulation and community driven engagement signals. SWC remains focused on scaling its influence within the Bitcoin treasury landscape. While markets remain volatile. The company’s ability to consistently raise funds, expand its holdings and grow its community base demonstrates resilience in an increasingly competitive sector.

Google News Icon

Follow us on Google News

Get the latest crypto insights and updates.

Follow