UK Bitcoin Treasury Firm Smarter Web Closes £10M Share Offering
Smarter Web has completed a £10 million share offering for its Bitcoin treasury management services.
Smarter Web has completed a £10 million share offering for its Bitcoin treasury management services. Bitcoin (BTC) is trading at $81,295.00, down 1.0% since this brief published. This is an original Token Times brief based on reporting by CryptoPotato, with live market data added, as of Tue, 13 Oct 2026 01:00:01 UTC.
This development highlights growing institutional interest in Bitcoin treasury management solutions within the UK market, showcasing demand for regulated crypto investment vehicles.
- Smarter Web raised £10 million through a share offering.
- Initial weekly payout on new shares is £0.2301 each.
- Investment offers 12% annual rate on £100 with unpaid sums carried forward.
- Bitcoin market cap stands at $1.65T amid 1.99% 24h decline.
Smarter Web, a UK-based firm specializing in 
Bitcoin treasury management, has completed a £10 million share offering. This fundraising effort underscores the growing demand for institutional-grade crypto investment products in the UK market.
The newly issued MORE shares will provide investors with a weekly payout of £0.2301 per share, according to the company's announcement. This offering features an initial 12% annual rate on £100, with any unpaid sums being carried forward to subsequent periods.
This development comes as the broader crypto market experiences a downturn, with Bitcoin's price declining by 1.99% over the past 24 hours. Despite the market conditions, the successful fundraising indicates continued institutional interest in Bitcoin-focused financial products.
The total crypto market cap currently stands at $2.84 trillion, with Bitcoin's market cap accounting for $1.65 trillion of that total. The Fear & Greed Index remains in 'Greed' territory at 69, suggesting a cautious optimism among investors.
The completion of this share offering could pave the way for similar financial products in the UK, potentially attracting more institutional investors to the crypto space. Investors will be watching for further developments from Smarter Web and other firms offering Bitcoin treasury management solutions.
Since this brief published about 3 hours ago, Bitcoin (BTC) has moved from $82,117.00 to $81,295.00 — -1.00%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will the price of Bitcoin be above $82,000 on October 13?
Crowd-implied probability on Polymarket, $57.45K 24h volume, resolves Oct 13 — snapshotted when this brief published (Oct 12 23:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.40M (about $81,295.00), down 3.0% over 24 hours. The rupee itself trades about 7.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
UK Bitcoin Treasury Firm Smarter Web Closes £10M Share Offer — questions & answers
What is the first weekly payout for Smarter Web's new shares?
The first weekly payout is £0.2301 per share.
What is the annual rate offered on Smarter Web's investment?
The investment offers an initial 12% annual rate on £100.
How has the Bitcoin market performed recently?
Bitcoin's price has declined by 1.99% over the past 24 hours.
How much is 1 Bitcoin worth in rupee today?
About ₹8.40M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $81,295.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 1.00% since this brief first published — trading at $81,295.00 now versus $82,117.00 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CryptoPotato. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.