SWC CEO Andrew Webley has confirmed the company's latest Bitcoin acquisition and ongoing rebranding initiatives, reinforcing its long-term digital asset strategy. The Smarter Web Company (SWC) added 4 Bitcoin (BTC) to its treasury this week, contributing to its growing digital asset reserves. Webley highlighted that the Bitcoin yield for the quarter stands at 1.74%, which he described as reasonable compared to industry averages, emphasizing a focus on sustainable growth amid market volatility.
In line with cautious capital management, SWC raised £0.3 million through an ATM-style facility, a method allowing gradual capital accumulation. Despite share price pressures, Webley expressed confidence that the market will eventually recognize the company's value beyond its current net asset valuation. He noted, "This is what the market believes we are worth today. I do not agree," underscoring his optimism for future investor recognition.
The rebranding project is nearing completion, with a new website and creative assets expected to launch soon. This effort aims to align SWC's corporate identity more closely with its Bitcoin-centric approach, potentially strengthening its market position. Webley also acknowledged active investor engagement, including community-driven initiatives like the "Smarter Dash" website for transparency and a recent live session on X Spaces to address shareholder questions.
Looking ahead, SWC is preparing for increased visibility at the Aquis Showcase on November 19 in London, where Webley will represent the company and encourage support for SWC as the "Best Listed Company on Aquis." He reiterated that building a Bitcoin-focused firm requires trust in both Bitcoin and management, positioning SWC for a stronger outlook in 2025.