Multiple media outlets have reported that The Smarter Web Company, a UK Bitcoin treasury company, has conditionally raised £10 million, with some of the funds earmarked for increasing its BTC holdings.
Overall, this is good news—it's just that markets have never moved according to headlines.
$BTC : currently 83,488, up 0.61% over 24 hours. In terms of timing, this news broke during trading hours, so the impact could come sooner.
Overall, this is good news—it's just that markets have never moved according to headlines.
$BTC : currently 83,488, up 0.61% over 24 hours. In terms of timing, this news broke during trading hours, so the impact could come sooner.