CEO of SWC, Andrew Webley, unveils $3.7 million earnings, shifts auditor, and discusses additional Bitcoin holdings
The Smarter Web Company (SWC) Strengthens Position in Bitcoin Treasuries Ranking
In a significant development, The Smarter Web Company (SWC) has climbed up the Bitcoin Treasuries ranking to secure the 25th spot. This impressive achievement comes as a testament to the resilience and dedication of the SWC community, who have shown unwavering support and shared valuable research during challenging market conditions.
During a recent visit to Hong Kong for the Bitcoin Asia Conference, SWC's CEO, Andrew Webley, took the opportunity to meet industry leaders, strengthen connections, and engage with potential new partners. The conference also provided a platform for Webley to give an inspiring speech, reiterating his confidence in SWC's execution capabilities and expressing optimism despite recent stock price pressure.
SWC has also made strategic moves off the stage. The company has changed its auditor from Adler Shine to PKF Littlejohn, a transition seen as a natural step to support long-term business growth. Webley took the time to acknowledge the initial work of Adler Shine, praising their contributions to SWC's success.
The conference in Hong Kong was not just business for Webley. He spent leisure time with community members, further strengthening the bond between the company and its supporters. Jesse Myers, a key figure in the SWC community, was especially acknowledged by Webley for his support during the trip.
The fundraising efforts of SWC have been successful, with the company raising £3.7 million (USD 3.7 million) through a subscription agreement. These funds will be used to support SWC's expansion of its global presence.
SWC has also increased its Bitcoin holdings, acquiring an additional 45 BTC. With this latest purchase, SWC now holds a total of 2,440 BTC. The company views its Bitcoin treasury as a key milestone, with plans to further grow this in the coming months.
In addition to fundraising and onboarding a new auditor, SWC has also seen a significant growth in its community. Over 4,100 members have joined SWC's community on X in the last four months alone.
Volatility is acknowledged as a part of both stock and crypto markets by SWC's CEO. However, Webley remains steadfast in SWC's long-term strategy, expressing confidence in building from this position in Bitcoin holdings.
In conclusion, SWC's journey continues to be one of growth and resilience. With a strong community, strategic partnerships, and a clear vision for the future, SWC is well-positioned to navigate the challenges of the crypto market and continue its upward trajectory.
