The Smarter Web Company plans to issue perpetual preferred stock on the London Stock Exchange to raise funds to increase its holdings of Bitcoin

The Smarter Web Company plans to issue perpetual preferred stock under the stock code 'More', with a fundraising target of £ 15 million to £ 25 million and a minimum fundraising size of £ 10 million. The listing requires support from three market makers. Holders receive cumulative weekly dividends and liquidation priority, without voting rights, and the company can redeem them. As of mid-2026, SWC holds 2878 bitcoins; After the High Court approved the capital reduction, the company has £ 132.5 million in distributable reserves for payment.