The Smarter Web Company Announces €8.1 Million Capital Increase, Plans to Purchase Bitcoin
According to a report by Jinse Finance, monitoring by @btcNLNico shows that London-listed tech firm The Smarter Web Company has announced an additional investment of 8.1 million euros (approximately 10.75 million US dollars), which is intended for the purchase of more Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Oracle's AI ledger makes two simultaneous subtractions: 13% layoffs implemented, founder cancels over $7.5 billion stock selling plan
Oracle has initiated a new round of layoffs, with some teams experiencing double-digit percentage cuts. The total number of employees for fiscal year 2026 is expected to decrease by about 21,000 compared to the previous year, a reduction of approximately 13%. The company is reducing labor costs to finance expansion of AI infrastructure. The news triggered a sharp drop in the stock price of more than 5%, with a cumulative decline of about 25% since the beginning of the year. Wall Street remains cautious about its investment returns; Morgan Stanley maintains a "neutral" rating, pointing out that profit margin conversion is key to valuation reassessment.
Guyana expects oil and royalty revenues to reach $6.5 billion by 2026
Crypto prices
More
