CEO of SWC, Andrew Whibley discloses $3.7 million capital acquisition, shift in control, and extension of Bitcoin holdings.

In a series of recent developments, the Smarter Web Company (SWC) has made significant strides in the bitcoin market.

At the Bitcoin Asia conference in Hong Kong, CEO Andrew Webbly met with industry leaders and forged new partnerships, further solidifying SWC's presence in the industry. Webbly expressed gratitude to shareholders and the broader community for their continued support.

SWC's bitcoin reserves have seen a substantial boost, with the company acquiring an additional 45 bitcoins. This brings SWC's total reserves to a significant 2,440 bitcoins. The company's new bitcoin holdings have earned it the 25th position on the Bitcoin Treasuries ranking.

CEO Webbly remains optimistic despite recent stock price pressure and reaffirmed his confidence in SWC's ability to execute its strategy. Webbly also expressed confidence in building on SWC's bitcoin position in the future.

The company's progress extends beyond bitcoin acquisitions. SWC raised £3.7 million ($3.7 million) through an investment agreement. The additional funding will support SWC's expansion of its global reach.

In terms of internal changes, SWC transitioned its auditor from Adler Shine to PKF Littlejohn. The change was described as a natural step to support sustainable business growth. PKF Littlejohn will guide SWC in the coming stages.

The SWC community on platform X has grown substantially, with over 4,100 new members joining in the past four months. The community is praised for their research exchange, mutual support, and maintaining trust amidst market challenges.

Jesse Myers provided support during Webbly's trip to Hong Kong, underscoring the strong team dynamics within the company.

Looking ahead, SWC's key milestones—fundraising, securing a new auditor, and expanding its bitcoin reserves—are poised to shape the company's trajectory in the coming months. Webbly acknowledged market fluctuations and investor concerns but emphasized that SWC's long-term strategy remains on track.

With these developments, SWC continues to establish itself as a significant player in the bitcoin market, demonstrating resilience and adaptability in the face of market challenges.