Smarter Web to Launch UK's First Bitcoin-Backed Preferred Shares on LSE

Key Facts

1The Smarter Web Company announced plans to launch a new class of preferred shares, 'MORE', on the London Stock Exchange.

2The company is the UK's largest listed Bitcoin treasury holder and this is the first such issuance by a British corporate BTC holder.

In a move reflecting the institutional maturation of Bitcoin treasury models within the UK market, The Smarter Web Company has announced plans to launch a new class of preferred shares under the ticker 'MORE' on the London Stock Exchange. According to reports, this initiative marks the first such issuance by a British corporate BTC holder, as the company leverages its position as the UK's largest listed Bitcoin treasury holder to introduce a novel financial instrument to the main market.

This strategic pivot comes amid varying corporate approaches to digital assets, with market data showing the LSEGY share price at $28.44 (close September 10, 2026). While this new issuance seeks to provide innovative financing solutions, reports indicate the company aims to strengthen its capital structure through these shares, which are expected to be listed in the non-voting category of the FCA’s Official List.

Investors should monitor LSEGY price levels, which saw a day high of $29 and a day low of $28.41 as of the September 10, 2026 close. Looking ahead at the economic calendar, there are no immediate company-specific catalysts scheduled, though UK regulatory sentiment will remain a key factor for the successful implementation of crypto-linked corporate actions.