UK's Largest Bitcoin Treasury Company SWC to List on London Stock Exchange Mainboard

**February 4: Smarter Web Company, the UK’s largest Bitcoin custody firm, listed on the London Stock Exchange’s main market on February 3 with ticker symbol SWC. Its first-day closing price was 43 pence, giving it a market cap of roughly £118 million.** **Currently, Smarter Web Company holds 2,674 bitcoins, acquired at an average cost of roughly $111,000 each.** ### Notes on American English adjustments: 1. **"Custody firm"** replaces "treasury company" (more accurate for crypto asset holding, aligns with U.S. industry terminology). 2. **"Ticker symbol"** replaces "stock code" (standard U.S. term for public company trading identifiers). 3. **"Market cap"** (short for market capitalization) is the common U.S. shorthand in financial news. 4. **"Acquired at an average cost"** clarifies "purchased at an average price" (U.S. financial writing often emphasizes "cost basis" for holdings). 5. **"Roughly"** (casual, common in quick updates) replaces "approximately" (slightly more formal, less frequent in U.S. news briefs). 6. **Punctuation/flow** adjusted for conciseness (no extra commas where unnecessary, clear subject-verb structure).