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Smarter Web to become UK's first BTC firm to issue preferred shares
Published Source: CryptoPolitanRead original
Crypto Insight Summary: The UK’s largest listed Bitcoin treasury holder, The Smarter Web Company (LON: SWC), announced plans this Friday to launch a new class of preferred shares, the first of its kind by a British corporate Bitcoin holder, on the main London Stock Exchange. The preferred share, “MORE,” will be listed with a nominal value of £0.001... Crypto Insight Analysis: Direction: Bullish SWC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: First-of-its-kind BTC preferred share issuance boosts investor interest in SWC.