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SWC to Launch UK’s First Preferred Equity IPO on LSE with Weekly Bitcoin Dividends

By Lauren Towner · 1 October 2026

Press Release: SWC to Launch UK’s First Preferred Equity IPO on LSE with Weekly Bitcoin Dividends | Featured Image by FF News

Quick Summary

The Smarter Web Company (SWC), the UK’s largest Bitcoin treasury company, is launching a new class of preferred shares called "MORE" on the London Stock Exchange. Targeting £15-£25 million, this IPO offers retail investors a unique weekly dividend model backed by digital asset growth and institutionalized blockchain technology.

How Does the MORE Preferred Share IPO Work?

The Smarter Web Company is utilizing a perpetual preferred share structure to attract a mix of institutional and retail capital on the London Stock Exchange. By targeting gross proceeds of £25 million, the firm aims to bolster its financial flexibility for future acquisitions. These shares are distinct because they offer a cumulative variable-rate dividend, providing a steady income stream that is rare in the digital asset sector. Investors can participate through a UK Retail Offer, making this high-growth treasury model accessible to the general public. This move follows SWC's extraordinary equity performance in 2025, where its ordinary shares led the market before moving to the LSE Main Market.

What is the Smarter Web Company Bitcoin Treasury Policy?

Operating as a Bitcoin treasury company allows SWC to integrate digital assets directly into its corporate balance sheet. This strategy is designed to leverage bitcoin as institutionalized collateral, providing a hedge against traditional currency volatility while funding its digital operating business. The capital raised from the MORE IPO will specifically support the Bitcoin Treasury Policy, ensuring the firm can continue its aggressive acquisition strategy within the fintech and web design sectors. By maintaining a blockchain-enabled asset base, SWC positions itself as a primary vehicle for UK investors seeking exposure to digital asset appreciation through a regulated, dividend-paying equity instrument.

Why is this LSE Listing Significant for UK Retail Investors?

This IPO introduces the first preferred equity issue of its kind on the London Stock Exchange Main Market. Retail investors gain access to an initial 12% dividend, paid out on a weekly preferential basis, which is a significant departure from standard quarterly or semi-annual corporate distributions. The £100 share price entry point ensures that the UK success story of SWC is not limited to institutional players. Furthermore, the FCA-approved prospectus provides a layer of regulatory oversight and transparency that is often missing from direct cryptocurrency investments. This listing proves that institutionalized digital assets can thrive within traditional market infrastructures while delivering tangible retail value.

FF NEWS TAKE:

SWC is effectively creating a bridge between MicroStrategy-style treasury management and UK income-seeking retail investors. As a leading Bitcoin treasury company, their move to offer weekly dividends via preferred shares on the LSE Main Market is a sophisticated evolution of the "crypto-proxy" equity model. It signals a maturing appetite for institutionalized digital assets in London and moves the needle by proving that blockchain-centric firms can master traditional capital markets.

Companies in this story: THE SMARTER WEB COMPANY, London Stock Exchange

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