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#MORE preferred shares

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Smarter Web Adds 20 BTC to Treasury as Preferred Shares Pay First Weekly Dividend
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Smarter Web Adds 20 BTC to Treasury as Preferred Shares Pay First Weekly Dividend

Key Highlights: Smarter Web acquired an additional 20 Bitcoin at an average price of £61,733, lowering the average cost across its 2,850 BTC treasury reserve. The Bristol-based firm announced an inaugural weekly dividend of £0.2301 per share on its MORE preferred shares, payable to holders on November 9. Capital raised from preferred share sales was ...

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TD Cowen Sees 90% Upside for Smarter Web as Preferred Share Plan Advances
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TD Cowen Sees 90% Upside for Smarter Web as Preferred Share Plan Advances

TD Cowen has raised its price target for The Smarter Web Company to £0.73 ($0.99) from £0.64 ($0.87) while maintaining a Buy rating, following the Bitcoin treasury firm’s proposal for a new perpetual preferred-share offering. In a Monday note to clients, analysts led by Lance Vitanza said the planned MORE preferred shares could provide another ...

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