The Smarter Web Company, based in Bristol and listed under the ticker SWC, began trading its Bitcoin-backed perpetual preferred shares on the London Stock Exchange Main Market on October 14, 2026. The shares, named MORE, carry an initial 12% annual dividend paid weekly, translating into a running yield of approximately 13.33% for investors who bought at the 90 pound issue price. The IPO raised a minimum of 10 million pounds, with roughly 4 million pounds earmarked for additional Bitcoin purchases. As of September 30, 2026, the company held approximately 2,747 BTC acquired at a net average cost of 82,562 pounds per Bitcoin.
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