🇬🇧 A UK Bitcoin Preferred Share That Pays Weekly
The Smarter Web Company raised £10M in a preferred share offer, with £7.6M of it from retail. £4M of the proceeds goes to buying more Bitcoin. The shares start trading on the London Stock Exchange on Oct 14. The starting dividend is 12% a year, paid weekly.
$BTC
Would you take the preferred yield or just hold spot BTC?
Source: Smarter Web Company announcement, RNS filing
The Smarter Web Company raised £10M in a preferred share offer, with £7.6M of it from retail. £4M of the proceeds goes to buying more Bitcoin. The shares start trading on the London Stock Exchange on Oct 14. The starting dividend is 12% a year, paid weekly.
$BTC
Would you take the preferred yield or just hold spot BTC?
Source: Smarter Web Company announcement, RNS filing