Time is running out (proud pigoneer 😊)

Bitcoin

[Time is running out (proud pigoneer 😊) @Voteyoufool]

@AvonandsomerRob So a 5 min search. The planning officers recommended it. The planning committee comprise of 12 members across the political divide. No reports on who voted for it. But newspaper reports claim reform wanted to defer the decision. Have an understating of how council works

[Time is running out (proud pigoneer 😊) @Voteyoufool]

@AvonandsomerRob That’s not what I asked. The planning officers will either recommend it or not. Im interested to know if they went against recommendation. Planning committees do not have that much clout. If they go against recommendation the council could get heavy costs if they lose an appeal

[Time is running out (proud pigoneer 😊) @Voteyoufool]

@AvonandsomerRob Did the officers recommend the development?

[Time is running out (proud pigoneer 😊) @Voteyoufool]

#MORE update :
Buy 4: 4 shares for £344.47

Running total:
Shares: 179
Invested: £14,670.05
Average purchase price: £81.84

Total dividends: £3.68

[Time is running out (proud pigoneer 😊) @Voteyoufool]

📈 My #MORE journey

Buy 1: 16 shares – £1,440.00
Buy 2: 36 shares – £2,940.23
Running total:
• 52 shares
• £4,380.23 invested
• Average cost: £84.24 per share

[Time is running out (proud pigoneer 😊) @Voteyoufool]

MORE journey – Running total 📈

Shares: 175
Total invested: £14,325.58
Average cost per share: £81.86
First weekly dividend: £3.68

Worth noting: that first £3.68 dividend was paid, based on my initial qualifying purchase of 16 shares.

#MORE #Investing #Dividends

[Time is running out (proud pigoneer 😊) @Voteyoufool]

@patriots777888 @LukeHender98 @TexPatriot5 @01splcheck @MichaelCaserta3 @RonnieJBarnes @WhiteVictoriax @rutty75 @adwkwlawnaw @MR1viewpoint That was a nice surprise. Thanks! I also post about bitcoin. Not financial advice but I want reformers to be successful.

[SWC-Wiki @SWC_Wiki]

MORE Preferred Shares Dashboard

Why MORE? Check this out - https://t.co/ysUa7Hoyul

#UKDividendinvesting #PassiveIncome #LSE #FTSE

Link in comments for interactive chart.

[Gully Foyle @TerraOrBust]

Very proud to be working as the Brexit campaign lead for @GreatBritishPAC, as we work to protect the hard-won freedoms and sovereign control of our money laws and borders.

If you're not following the amazing team already, then please do show them your support!

[Time is running out (proud pigoneer 😊) @Voteyoufool]

@Mariusz_Invest @grok #MORE?

[Chief @andysmith_asap]

🚀 $MORE THE OPPORTUNITY HIDING IN PLAIN SIGHT?

At £83.50, MORE offers a 14.37% annualised dividend yield, paid weekly, plus 19.8% potential share price upside if it returns to its £100 reference value.

Compare that with $SATA and $STRC, both trading much closer to par.

Higher current yield. Greater potential capital upside. Weekly income.

And now available in the USA as $MORPF 🇺🇸

The market may be overlooking what MORE has to offer. 🟠

#MORE #MORPF #SWC #Bitcoin #PassiveIncome

[Toffee @Toffeebdm]

And so it begins..

The first weekly portion of MORE dividends is now landing in investor accounts. 🇬🇧🇺🇸

With the price today at £83.50 per share, the yield on offer to investors is even MORE than it was at IPO just over three weeks ago.
#MORE
🇺🇸 $MORPF

[Andrew Webley @asjwebley]

I think of Smarter Web as a balance sheet, with different elements that we can use to create value for shareholders.

We have our operating businesses, cash, Bitcoin, the Coinbase Strategic Credit Facility, our Ordinary Shares (SWC) and our Preferred Shares (MORE). Each plays a different role, but what I find particularly exciting is how they can all work together. The real opportunity comes from how intelligently we manage these elements to build a stronger and more valuable Smarter Web.

At the centre of our balance sheet is Bitcoin. We believe Bitcoin represents an extraordinary long-term store of value, and our ambition remains to continue growing our Bitcoin treasury. However, as I have said many times, simply accumulating the largest possible number of Bitcoin is not our primary objective.

What matters most is the net Bitcoin value attributable to each fully diluted Ordinary Share. This is what I mean when I talk about Bitcoin Per Share, or BPS. I believe BPS is one of the most important measures of how successfully we are managing our balance sheet and growing the underlying value attributable to shareholders. Ultimately, I believe growth in BPS should be an important driver of how the market values Smarter Web over the medium to long term.

Since becoming a public company, we have delivered impressive total shareholder returns, albeit with considerable volatility along the way. We cannot control the price of Bitcoin or our equities, and the market will not always immediately recognise the progress we make. What we can control is how we manage our balance sheet, allocate capital and seek to grow BPS. My belief is that if we can consistently demonstrate accretive growth in BPS over time, the market should ultimately recognise and reward that progress, although there are no guarantees.

For example, if we increase our Bitcoin holdings but issue so many Ordinary Shares, or take on so many additional financial obligations, that the net Bitcoin value attributable to each share falls, we have not necessarily created value for existing shareholders. Equally, if we can use our capital structure intelligently to increase BPS over time, I believe we have the potential to build a considerably more valuable company.

This is where the different elements of our balance sheet become so important.

Cash provides liquidity, flexibility and resilience. It allows us to meet our obligations, support our operating businesses and respond to opportunities without necessarily having to sell Bitcoin or raise capital at an unattractive price.

Bitcoin is our primary treasury reserve asset and the foundation of our long-term treasury strategy. We want to continue accumulating Bitcoin but also ensure it is held securely and that our balance sheet remains strong enough to withstand significant volatility.

Our Ordinary Shares provide access to growth capital. When market conditions and valuations are attractive, issuing Ordinary Shares can be a powerful way to increase our Bitcoin treasury and strengthen the business. However, issuing shares at the wrong price can be dilutive, which is why the economics of every capital raise matter.

MORE, our Preferred Shares, provides another potential source of capital, designed for investors who are more interested in income than the growth characteristics of SWC.

However, I believe the opportunity for MORE extends well beyond simply providing Smarter Web with another way to raise capital.

What I find particularly exciting is the investment proposition MORE offers. The current variable annual Preferred Dividend Rate is 12%, based on its £100 reference amount, with dividends payable weekly. At the price at which we purchased MORE this week, that represented an annualised yield of approximately 14.93%.

Alongside this, MORE benefits from substantial Bitcoin asset backing, a disciplined approach to leverage, with our leverage ratio currently below 15%, and our policy of maintaining a rolling cash reserve equivalent to at least two years of expected Preferred Share dividend payments.

I think that combination is incredibly compelling. A substantial Bitcoin treasury providing asset backing, relatively modest leverage, a significant cash buffer supporting dividend payments and a publicly traded equity that investors can buy and sell on the London Stock Exchange. Of course, liquidity depends on market conditions, and dividends and market prices are not guaranteed.

One of our biggest challenges, and potentially one of our greatest opportunities, is helping investors who are not yet familiar or comfortable with Bitcoin-backed Digital Credit to understand what it offers.

Many investors are accustomed to allocating capital to areas such as private equity, property and other income-generating investments, sometimes accepting limited liquidity or complex structures in exchange for attractive returns. I believe Digital Credit has the potential to offer an interesting alternative, combining high income yields, access to public market liquidity and substantial asset backing, although the risks and characteristics are different.

Bitcoin's volatility is clearly a risk that investors need to understand, but we have deliberately designed our capital structure with considerable financial resilience in mind. As more investors begin to understand Bitcoin-backed Digital Credit and compare its characteristics with traditional investments, I believe the potential market could become considerably larger.

We are still at a very early stage in developing MORE. Building understanding, attracting new investors and demonstrating the strength and sustainability of the structure will take time. But I believe MORE has the potential to become a successful, widely held Preferred Share that provides attractive income for investors whilst supporting the continued growth of Smarter Web.

None of these elements should be considered in isolation. Our objective is to bring them together in a way that strengthens our balance sheet, supports our operating businesses and allows us to grow BPS accretively over time.

That requires discipline and patience. The best decision is not always the one that creates the most immediate activity, and I believe consistently making good capital allocation decisions gives us the best opportunity to deliver attractive long-term shareholder returns.

Turning to the week itself, we made several announcements.

On Monday, we published an update on our Bitcoin custody arrangements, particularly in light of recent security incidents within the wider digital asset industry.

We confirmed that our Bitcoin is currently held across three established institutional custodians: Coinbase, Fidelity and Anchorage Digital. We do not hold any Bitcoin with Binance.

Security is something we take extremely seriously. Our approach involves diversification across providers and jurisdictions, contractual and legal asset protections, institutional security controls, insurance-related protections and internal processes requiring multiple people to authorise significant transactions.

No custody arrangement can eliminate every risk, but I believe we have built a robust framework designed to protect our Bitcoin treasury whilst maintaining the operational flexibility we need as the Company develops.

On Tuesday, we announced the latest weekly dividend for MORE.

The dividend for the week ending Friday 6 November is £0.2301 per Preferred Share, reflecting the current annual Preferred Dividend Rate of 12% based on the £100 reference amount. The payment date is scheduled for Monday 23 November.

MORE is still a very new equity, and developing a successful market for it will take time. However, I am excited about what we have launched and the opportunity to continue developing it.

On Wednesday, we announced that Smarter Web had purchased 1,775 MORE Preferred Shares at a price of £80.354 per share, for total consideration of £142,985.

This represented a discount of approximately 10.7% to the original £90 IPO price. We believe MORE represents an attractive investment proposition and that its current market valuation does not fully reflect its characteristics.

Our decision to purchase shares reflects that conviction but also demonstrates the importance of allocating capital differently when opportunities arise. The purchased shares are being held in treasury and will not receive dividends whilst held. We will continue considering further purchases where we believe doing so makes sense for the Company and its shareholders.

Wednesday's announcement also confirmed that MORE is now quoted in the United States on the OTCID Basic Market under the ticker MORPF. This is another positive step in broadening access to MORE and developing an international investor base.

On Thursday, there was no new issuance activity to report across our two at-the-market facilities.

I wrote about this separately on Thursday morning, but I think it is worth reinforcing the underlying principle. Having the ability to issue shares does not mean we should issue them at any price. We want to grow Smarter Web, but we must remain disciplined about the cost of capital and the impact of every decision on existing shareholders.

Later on Thursday, Miller and I hosted another Smarter Web Livestream. I always enjoy these conversations because they provide an opportunity to discuss the business, Bitcoin and the wider industry in a less formal setting than our regulatory announcements. We also released the first of a series of adverts titled the Great British Stories from Smarter Web. There will be one of these each Thursday and you can find that on my timeline also.

Beyond the announcements, it has been another busy week across Smarter Web.

There is a great deal happening across both our operating businesses and our Bitcoin treasury strategy. Some of that work is visible through our regulatory announcements and other communications, whilst other projects are progressing behind the scenes and cannot yet be discussed publicly.

Building a business is not always easy, and there will inevitably be challenges along the way. We have experienced some of those challenges recently, particularly in the performance of our share prices, and I recognise the frustration this has caused shareholders. But I also think it is important to recognise what we have built.

We have established what I believe is an extraordinary platform, combining operating businesses, a substantial Bitcoin treasury, access to public capital markets and two distinct equities designed to appeal to different groups of investors.

There are opportunities ahead of us that I find incredibly exciting. Not everything we pursue will necessarily come to fruition, and progress will not always be straightforward. That is the reality of building and growing a company.

But we have a talented team, a clear long-term strategy and a capital structure that I believe gives us considerable potential. We have achieved a tremendous amount in a relatively short period, and I genuinely believe we are still at an early stage in what Smarter Web could become.

Our responsibility now is to continue executing, making good decisions and demonstrating that the platform we have built can create meaningful value over time. I remain incredibly optimistic about the future.

As always, thank you to our shareholders and everyone who continues to support Smarter Web. We keep building.

LSE: #SWC #MORE | OTC: $TSWCF $MORPF | FRA: $3M8

[Nick @BitcoinBee21]

MORE is an amazing investment. It wasn't until I dug into the details did I realise how good it was. It is so much more than the headline 12% dividend.

I've spent some time building out an educational piece which is aimed at the lay person to explain both the pros and cons of investing in MORE.

https://t.co/7gQJ7ZNxHb

This is what I used to educate my parents on MORE and based on this they will be investing their whole pension into MORE. Please share this if you think it might be useful for your friends or family.

This isn't financial advice. Your capital is at risk and as we have seen your investment can go down as well as up.

As for me, I like the stock.

[Henry Nowak Foundation @HenryNowakOrg]

💙 The Henry Nowak Foundation 💙

Born from unimaginable heartbreak, founded by Henry’s mum, Lucy Ross, to support families grieving the loss of a son or daughter.

Tomorrow, Lucy shares her story and the purpose behind the Foundation.

Please follow, repost 💙

[David Parkinson @Musqet_David]

Boxing 🥊
Brighton 🏖️
Bitcoin ⚡️

[Time is running out (proud pigoneer 😊) @Voteyoufool]

@WiltsAnnabelle @mezzy1975 @runrigger54 Could you really give a toss about the institutions? I suspect not. I don’t think it really matters but lo and behold lib dems have spokespersons and some shadow roles.

[Time is running out (proud pigoneer 😊) @Voteyoufool]

@andysmith_asap I’m here for it!

[Time is running out (proud pigoneer 😊) @Voteyoufool]

Reform should make the case for Bitcoin. In my view Nigel is ahead of the curve in most topics. We know Nigel invests in Bitcoin and the left use it to portray it as a scam or dodgy somehow.

@TiceRichard @ZiaYusufUK @Nigel_Farage @freddienew

[Andrew M. Bailey @resistancemoney]

What does a blue wave mean for bitcoin?

Two years ago, the Trump administration came into office promising to make America the crypto capital of the planet. Yesterday, Americans voted, as they seem to enjoy doing, for change. What does a blue wave say about President Trump's promise and America's take on bitcoin?

1. Affordability was on the ballot.

Affordability defined the election. In one NBC exit poll, 89% of voters called the cost of living a “crucial or major factor in their vote”. In the last Harvard CAPS/Harris survey before the vote, price increases led every other issue.

Prices are in part a question of monetary design — do we inflate away or not? And that's where bitcoin comes in. Bitcoin is a money whose supply no one can inflate at will. It's capped, and new supply is governed by rules, not rulers. A fixed supply does not lower grocery prices. But it does offer savers of any political orientation a unit that no administration can debase.

2. Crypto money did not decide the outcome.

The crypto industry spent about $200 million this cycle. Its largest super PAC network alone spent more than $170 million: about $75 million backing Republicans and $36 million opposing Democrats, against $30 million backing Democrats. Most of that money went to competitive races its candidates lost, Ohio’s Senate seat chief among them.

3. A wide swath of Americans hold bitcoin.

The Nakamoto Project’s national surveys find that bitcoin owners belong to no political tribe. In 2024, ownership was highest among the very liberal (21.9%), then the very conservative (17.6%), then moderates (14.3%); only age and gender strongly predicted it. In 2025, owners still clustered at the ideological center.

Since so many Americans hold bitcoin, across the ideological spectrum, lawmakers still have reason to enact policies that do not threaten their ability to save in bitcoin or spend it.

4. The debanking argument for bitcoin remains strong, and non-partisan.

Debanking is the exclusion of law-abiding enterprises or individuals from financial services because they are politically disfavored or otherwise distasteful. Senator Elizabeth Warren thinks that debanking is a problem. So does President Trump.

And there is, surprise surprise, a bitcoin connection here as well. Because bitcoin is money no one can block you from using, it serves as a useful backup for anyone at risk of being debanked, and an alternative to traditional financial institutions.

5. Trust is low; alternatives are enticing.

Americans have never trusted institutions less. And arguably, those institutions — from higher education to Washington — have failed to earn trust. Though it rotates in degree as parties swap places on the Hill, this erosion in trust remains a broad trend.

Bitcoin, mercifully, was not on the ballot. In a way, it can't be. Because bitcoin is money that lies outside institutions. You can hold it yourself. You can spend it without anyone's permission. For that reason, it remains an enticing alternative for Americans looking for change.

[Time is running out (proud pigoneer 😊) @Voteyoufool]

@Toffeebdm Do you think there will be demand in the USA? When you have STRC and others?

[James @KeepT69655]

Like and retweet if you're voting reform next election🩵