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Plain-English explainers for the numbers and mechanics behind The Smarter Web Company's bitcoin treasury.
The premium or discount the market puts on SWC's bitcoin, and why there are two versions.
How much bitcoin each share represents, and how the company measures growth in it.
Why the company's share count differs from the number of shares in issue.
The at-the-market facility the company uses to raise money and buy bitcoin.
The proposed preferred share class announced in September 2026.
What each line of a purchase announcement means.
From a 2.5p Aquis IPO to the LSE Main Market.