# The Smarter Web Company Raises £592,679 Through Share Sales By John Kim Canonical URL: https://www.tokenpost.com/news/business/38100 Published: 2026-10-22T16:47:27.000Z Updated: 2026-10-22T16:47:27.000Z Section: Business > Since Oct. 14, the London-listed company sold 1,076,000 ordinary shares and 25 preferred shares through its at-the-market facilities. The London-listed Smarter Web Company sold 1,076,000 ordinary shares and 25 preferred shares through its at-the-market facilities since Oct. 14, raising £592,679 in gross proceeds. The company separately completed a £10 million preferred-share offering. It plans to use £4 million from that offering for additional Bitcoin (BTC) purchases and £3,846,006 for working capital and dividend reserves, as detailed in its [completed offering](). ## Links in this article - [completed offering](https://www.tokenpost.com/news/business/30609)