SWC CEO Andrew Webley Reports $3.7M Raise, Auditor Change, BTC

The Smarter Web Company (SWC) has announced progress in several key areas this week. CEO Andrew Webley confirmed the firm raised £3.7 million ($3.7M) through its subscription agreement. The funding provides additional support as the company expands its global footprint. Alongside the capital raise, SWC also confirmed a change in auditors. The firm is moving from Adler Shine to PKF Littlejohn. Webley described the transition as a natural step to support long-term business growth. He praised Adler Shine’s early work but emphasized PKF’s ability to guide the company through its next phase.

Bitcoin Treasury Expands

Another highlight from the week was SWC’s Bitcoin acquisition. The company purchased an additional 45 Bitcoin, bringing its total holdings to 2,440 BTC. This places SWC at number 25 on the Bitcoin Treasuries ranking. Webley expressed confidence in building further from this position. He acknowledged that volatility is part of both stock and crypto markets. As investors’ concerns are understandable. He stressed that the company’s long-term strategy remains firmly on track despite short-term pressures.

Global Engagement and Community Growth

Webley shared updates while attending the Bitcoin Asia conference in Hong Kong. He highlighted the event as a chance to meet industry leaders. It strengthens connections and engages with new partners. The CEO also credited the support of collaborators such as Jesse Myers during the trip. Beyond business, Andrew Webley described taking time to explore Hong Kong with community members. He noted that this experience offered a rare moment of leisure after a busy week. SWC’s online presence continues to grow steadily. Over 4,100 members have joined the company’s X community in the past four months. Webley praised the group for sharing research, supporting each other, and maintaining conviction during market challenges.

Looking Ahead

Andrew Webley closed his weekly update with optimism despite recent share price pressure. He acknowledged that market reactions can be uncomfortable but reinforced his belief in SWC’s execution. The CEO thanked shareholders and the wider community for their ongoing support. He described the company’s progress in raising funds, securing a new auditor. They are expanding their Bitcoin treasury as key milestones for the months ahead.