The Smarter Web Company is planning to raise at least $20.1 million to purchase Bitcoin.

BlockBeats News, July 17th, The Smarter Web Company announced that it has engaged Tennyson Securities and Peterhouse Capital Limited to issue new ordinary shares to institutional investors for placement. The accelerated bookbuilding process will commence immediately after this announcement, and the company plans to raise at least £15 million (USD 20.1 million) to purchase Bitcoin.