justburrough

@CernBasher @phongle Short term pain for long term gain?

@phongle Phong, if there was a mistake it was this... ...drawing down your cash reserve.

Listening, learning, and building with humility, stewardship, and a steady hand.

@andysmith_asap @ritsut @asjwebley 🍿🍿🍿

With everyone around us having a meltdown about digital credit this week (not me I might add) The Smarter Web Company is gearing up to be the first to launch a UK version into a risk adverse population. If you thought Bitcoin accumulation was fast last year then get your popcorn out as things are going to get turbo charged. With 2 companies running ATMs, bookbuilds, direct subscriptions and added to that the increase in $ Bitcoin price things are going to 🚀

Last week I touched on Bitcoin treasury analytics and how companies like Smarter Web are thinking about the metrics that matter as we scale. As more companies adopt Bitcoin treasury strategies, I expect the frameworks investors use to assess value to continue evolving. One of the biggest challenges for all of us operating in this space is communicating that opportunity with maximum transparency while recognising that many of these metrics are still new to the market. Just as investors once had to learn how to value software businesses differently from industrial companies, I believe the same will happen with Bitcoin treasury companies. Understanding Bitcoin-denominated balance sheets and the metrics that accompany them will take time, education and experience. We are pleased to be playing our part in helping develop that conversation and improving investor understanding of the model. Bitcoin has had a little volatility this week, following the pullback that came after the move up between April and early May. Short-term volatility has always been part of Bitcoin's journey. Every major cycle has included periods of consolidation before continuing its longer-term trend. When you zoom out, the bigger picture remains unchanged. Bitcoin continues to do what it has always done: experience volatility in the short term while steadily appreciating over the long term. More importantly, away from the day-to-day price action, adoption continues to grow, infrastructure continues to mature and the underlying network becomes stronger with each passing year. In my view, the progress Bitcoin has made over the last twelve months exceeds anything we have seen previously in its history. I believe we are living through a pivotal moment. We have the opportunity to rebuild significant parts of the world's financial infrastructure on an open, decentralised monetary network. That opportunity exists because millions of participants – including individuals, institutions, developers and companies - are contributing in different ways towards the same ecosystem. Digital capital for a digital future. That long-term vision is what motivates everything we are building at Smarter Web. While I spend much of my time looking forward, I am also incredibly proud of what our team has achieved so far - with the support of our shareholders. Since our IPO in April 2025, Smarter Web has become one of the UK's fastest-growing and most closely watched public companies. We have successfully raised a little under £250 million to build the UK's largest public company Bitcoin treasury. Our progress has been driven by a clear strategy and disciplined execution. Just nine months after joining the Aquis Stock Exchange, we successfully uplisted to the London Stock Exchange Main Market, significantly increasing our profile among investors. We have analyst coverage from major broker TD Cowen and have become one of the UK's most actively traded and widely owned newer retail stocks. These achievements are milestones, not the destination. Our ambition is to build a modern British technology company that combines growing operating businesses with a forward-looking balance sheet. We believe Bitcoin will become an increasingly important strategic reserve asset over the coming decades, and we intend to continue growing our treasury responsibly whilst increasing Bitcoin per share. Ultimately, our goal is to create long-term value for our shareholders. We want to demonstrate that a British public company can innovate, execute quickly and compete successfully on the global stage. We are building a company designed not just for today's digital economy, but for the decades ahead. Turning to this week, on Monday we announced an update on our ATM-style facility, raising £299,091 (before expenses) from shares sold during the previous week. Later that day I joined Roxom TV on “The State of Bitcoin Markets”. It was my first appearance on the show for some time, but I was pleased to join the show and thoroughly enjoyed the discussion. On Tuesday we announced the appointment of our new Chief Financial Officer. Oliver Hewett has served as Group Financial Controller since joining us on 27 April 2026 and has quickly become an integral member of our leadership team. His combination of institutional finance experience, previous CFO experience and genuine conviction in Bitcoin makes him the ideal person to lead our finance function as we continue executing our 10-Year Plan. On Wednesday we held a shareholder meeting. I was delighted that shareholders supported the resolution with 99.94% of the votes cast in support. In simple terms, this allows us to convert part of our share premium into distributable reserves, with the process expected to complete around 15 July 2026. Alongside these announcements, our team has continued to work on a number of initiatives that we believe will be fundamental to our long-term success. I have often said that leading Smarter Web is a privilege. One of the few frustrations that comes with running a listed company is that we cannot always share everything we are working on until the appropriate time. I look forward to discussing more with you as those opportunities develop. Finally, I would simply like to say thank you. Your continued support, trust and belief in our vision are greatly appreciated by everyone at Smarter Web. LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8

This is for the .06% Shareholders ⬇️ Smarter Web Company The UK’s First and Largest Bitcoin Treasury

@SWCPerShare Too much winning?

Oh wow trading halted, whats happening here 👀

@asjwebley Thank you as always Andrew, just wrapping my head around the different btctc valuation models, so this comes a perfect time. This is very clear 🙏

Our ambition is to become one of the largest companies in the UK. I believe that our strategy gives us a credible path to achieving that goal. At the centre of our approach is the balance sheet. We are building a balance sheet around what we believe is the best form of capital available: Bitcoin. As that balance sheet grows, it creates opportunities across the business. It can support the growth of our operating activities, enable strategic acquisitions, provide flexibility to pursue new opportunities as they emerge, and allow us to further strengthen and expand the balance sheet itself. These are often viewed as separate strategies, but we do not see them that way. They are all connected. We have one strategy, and it revolves around building and intelligently deploying a strong balance sheet. Everything else flows from that foundation. Because of this we think that it is important for investors and potential investors to understand this balance sheet at any moment in time and increasingly these investors include institutional investors who are used to specific metrics. We believe the term "mNAV" is currently being used in ways that can create confusion rather than clarity. Various companies and commentators often calculate the metric differently. Some use Market Capitalisation as the numerator, while others use Enterprise Value. On the denominator side, some use Net Asset Value, while others use the market value of Bitcoin holdings, often referring to this as "BTC NAV" despite it being closer to a gross asset value than a true NAV calculation. The treatment of outstanding securities is also a further element. We use the fully diluted number of shares which includes all in the money warrants and then factors in cash linked to the warrant proceeds, however if we were creating our analytics from the beginning, understanding everything that we know now, we would treat Smarter Convert as debt rather than an instrument that will convert into equity. In traditional finance, mNAV generally refers to Market Capitalisation divided by Net Asset Value, producing a premium or discount multiple relative to NAV. However, many of the mNAV metrics currently used in the Bitcoin treasury company sector employ neither of these measures, resulting in a broad range of calculations that share the same label but convey very different information. We believe this lack of standardisation becomes increasingly problematic as treasury companies introduce debt, preferred equity and other financing instruments. As capital structures become more complex, comparisons between companies become less meaningful if investors are not working from a common framework. For this reason, we updated our analytics dashboard during the week and are moving away from mNAV as a primary valuation metric. Instead, we now display "Fully Diluted EV vs BTC Value", calculated as Fully Diluted Enterprise Value divided by the current market value of total Bitcoin holdings. We have also added charts that show “Net Bitcoin Value Per Fully Diluted Share” and “Net Sats Per Fully Diluted Share”. For all calculations on our analytics page, you can hover over the question marks and view the formulas. In our view, this provides a completer and more transparent picture of the value of a Bitcoin treasury company. We believe investors should also consider several important measures, including leverage or amplification, Bitcoin per share growth over time ("Bitcoin Yield"), and the sustainability of that growth going forward. The last being harder to statistically analyse. This naturally leads to another question we were asked this week: what is the single most important metric for evaluating a Bitcoin treasury company? Our view is that there is no single number. Our treasury objective is straightforward: to increase the amount of Bitcoin attributable to each share over time. However, we would encourage investors to assess performance over quarters and years rather than days or weeks. The key question is whether management decisions are increasing Bitcoin per share on a sustainable basis. For a simple, ungeared treasury company, the analysis can appear relatively straightforward. One could argue that issuing shares is accretive whenever the value received exceeds the Bitcoin value attributable to the shares issued. However, the reality becomes considerably more nuanced once debt financing, debt repayment, warrant repurchases, share buybacks and other capital allocation decisions enter the equation. A transaction that appears dilutive when viewed through one metric may in fact be accretive when viewed through another. This is precisely why we believe the industry requires better and more transparent analytics. As treasury strategies become more sophisticated, and treasury companies become much larger, investors need to consider multiple variables rather than relying on a single ratio or headline figure. For public companies, such as The Smarter Web Company, there is an additional dimension. Investors should not only consider the Bitcoin treasury itself, but also operating revenues, corporate costs, cash generation and the broader business activities that sit alongside the treasury strategy. These elements can have a meaningful impact on the company's ability to grow Bitcoin per share over the long term. If Bitcoin treasury companies are to mature into a recognised institutional asset class, the industry will benefit from greater consistency in reporting standards, valuation methodologies and performance metrics. Investors should be able to compare companies using measures that are transparent, widely understood and economically meaningful. Over the coming months, we intend to continue refining our analytics framework and working with others across the sector to help improve consistency and comparability throughout the industry. On Monday this week we announced an update to our ATM-style facility. We raised £145,670 (before expenses), equivalent to approximately £0.29 per share. The ATM-style facility continues to be an important part of our capital markets toolkit and provides us with valuable flexibility as we execute our strategy. Throughout the week we continued sharing the remaining videos filmed at the Bitcoin Treasuries Unconference UK. As a reminder, early bird tickets for the 2027 event are available on our website. Looking ahead, we have decided to rename the event series from Bitcoin Treasuries Unconference UK to Bitcoin Treasuries Conference UK. As we scale both the event and help scale the wider industry in the UK, we believe this name will be more familiar to a broader audience. The core spirit and format of the event will remain largely unchanged, but we believe this evolution will help us reach and engage a larger community. I would also like to remind shareholders that we have an important vote at our General Meeting on 17 June. Shortly afterwards, we will announce the results via RNS. Thank you to everyone who has already taken the time to vote. Depending on your platform, there may still be an opportunity to submit your vote if you have not yet done so. Voting is an important part of share ownership, regardless of whether you vote for or against a resolution. Finally, I would like to acknowledge that our share price is not currently performing as well as I would like. I cannot control the market, but I can control what we are building and the two certainly seem a little disconnected from where I am sitting. While short-term market performance can be frustrating, my conviction in the direction of the business has never been stronger. I believe we are executing the right strategy, and I am excited about where we are heading. As our progress becomes more widely understood and the opportunity ahead of Smarter Web becomes clearer, I believe the market will recognise the value of what we are building. Thank you for your support. LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8

@smarter_dash @andysmith_asap Thanks guys it was a brilliant tool, hope it comes back soon

It’s been a wild ride. What started as a simple idea grew into a platform with over 281,000 lines of code, processing millions of data points, supporting a growing community, and spawning features like the Percolator, live trade analysis, custom graphics, and much more. Along the way we’ve spent countless hours capturing, cleaning, processing and visualising data, while continually scaling the platform to meet ever growing demand. As the focus shifts increasingly towards Bitcoin per share, some of the metrics we built the dashboard around are becoming harder to calculate accurately, particularly ATM activity. We could make assumptions, but thats not us. The Smarter Dash was built to provide insight, not guesswork. So, for now, we’re putting the dashboard into hibernation. Thank you to everyone who used it, shared feedback, found bugs, suggested features, and joined us on the journey. We learned a lot, met some brilliant people, and had a lot of fun building it. Will it return one day? Maybe. But for now… The Percolator has finished brewing. ☕ Laters 👋

@AdamBLiv Great opportunity, keep up all the fantastic content!

May 15 through June 3 was a record 13-trading-day outflow streak for U.S. spot Bitcoin ETFs, with roughly $4.4 billion gone and about $3.3 billion from IBIT alone. The marginal seller of Bitcoin right now appears to be tourist TradFi capital rotating toward AI, semis, and mega-cap IPO fever... the same crowd still treating the scarcest monetary asset in history like a high-beta tech trade. The structural pipe remains. More than $50 billion of lifetime spot ETF inflows is still intact. Bottom-percentile Bitcoin never shows up with good news. Historic cheapness always arrives dressed as crisis. This is still the shallowest major Bitcoin bear drawdown yet, while price just tagged the 200-week moving average for the first time this cycle, Bitcoin is deeply oversold versus gold relative to trend, and daily RSI just printed one of its rarest oversold readings in history. Buying here is an easy no-brainer IMHO.

@Croesus_BTC @0xbenharvey @Toffeebdm @asjwebley @smarterwebuk 👀👀

@0xbenharvey @Toffeebdm @asjwebley @smarterwebuk I particularly like your bottom right cell in that table, as it captures what I think is an important and nuanced point

At @smarterwebuk we think "mNAV" creates confusion and non-standardisation. To date, treasury companies have used varying definitions of "mNAV."  For the numerator, some use Market Cap while others use Enterprise Value.  For the denominator, some use Net Asset Value while others use Total BTC Value - often while calling it "BTC NAV" rather than something more accurate like "Gross BTC Value." In tradfi, "mNAV" typically means Market Cap / Net Asset Value, resulting in a multiple of NAV.  The typical "mNAV" for a BTCTC includes neither this numerator nor denominator! In our view, this non-standardisation can create confusion, which becomes more problematic when debt or preferred equity obligations are introduced, making comparisons between treasury companies less meaningful. For this reason, we are shifting our analytics to a more specific metric that will be more informative and precise to institutional audiences.  Our analytics dashboard now shows "Fully Diluted EV vs. BTC Value" which is calculated as = (Fully Diluted Enterprise Value) / (Total BTC Holdings * Current BTC Market Price). We think this is a much better metric to evaluate the current value of a Bitcoin treasury company, as it more completely and transparently accounts for the real economic impact of debt, cash, warrants, options and all other instruments.  We think that it is important to also consider amplification or leverage and then perhaps most importantly the Bitcoin per share change over different time periods (Bitcoin Yield) and understanding how this can continue into the future. If Bitcoin treasury companies are going to become a recognised asset class, the industry needs transparent and consistent standards. And analytics that institutional investors can immediately understand. Over the next few months, we will make further changes to our analytics dashboard, alongside working with others in the space, to try and improve consistency between different approaches. LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8

The lower the Bitcoin price when we launch our preferred perpetual equity the better as when Bitcoin starts to rise amplification reduces and we issue more preferred stock. We are in the right stock. Also worth noting $MSTR was $14 on 29th December 2022 at the bottom of the last cycle and hit $543 20th November 2024. So in 23 months that was a 35 x. 35 x from here $SWC would be £9.56 At the beginning of the last cycle Strategy didn’t have a preferred perpetual equity…… Patience is key. Have a great weekend. People love to say touch some grass, however fuck that. Work hard, keep learning about Bitcoin and treasury companies. AI is coming for most peoples jobs. In a couple of decades time you will have all the time in the world to enjoy yourself as AI and robots replace the workforce. Make sure you have made enough money to live the life you want starting today! 🚂🇬🇧🇬🇧LFG!

@asjwebley Thanks Andrew, certainly a lot of FUD out there at the moment, I have faith in the model and trust your leadership and the team to execute, onward

It has been a challenging week for Bitcoin, with the price experiencing one of its steepest weekly percentage declines since late 2022. However, investors should remember that volatility is an inherent characteristic of Bitcoin. It is also worth recalling that late 2022 marked the bottom of the previous bear market, before Bitcoin went on to reach new all-time highs. While Bitcoin’s performance this year has fallen short of many investors’ expectations, periods of weakness have historically been followed by phases of renewed growth. Since its inception, Bitcoin has repeatedly overcome significant market corrections, regulatory concerns and macroeconomic challenges, ultimately rewarding investors who maintained a long-term perspective. In fact, a number of institutional investors and asset managers have published research demonstrating that, despite its volatility, a modest allocation to Bitcoin has historically improved the risk-adjusted returns of traditional portfolios. One commonly used measure of risk-adjusted performance is the Sharpe ratio, which assesses how much return an investment generates relative to the volatility experienced to achieve those returns. While Bitcoin has often been one of the most volatile assets available to investors, its long-term returns have historically been sufficiently strong that, when combined with traditional assets, it has often improved overall portfolio efficiency rather than detracted from it. Personally, I have a high allocation to Bitcoin and Bitcoin treasury companies at approximately 100% of my portfolio. I have always been open about this and it is what I am comfortable with as I attach little value to most other asset classes including cash. But, whilst not offering financial advice, I do think that everyone should have an allocation to Bitcoin and Bitcoin treasury companies. For most, who do not share my high conviction, perhaps somewhere between 1% and 10% is sensible. There is currently considerable discussion around perpetual preferred equities as what may become one of the most important capital markets instruments available to Bitcoin treasury companies. Given the recent movement in Bitcoin's price, I thought it would be useful to explain these in the context of volatile price movements. We have already reminded ourselves that Bitcoin is volatile. Despite that volatility, I believe it remains the best asset on which to build a corporate treasury. Equally, I believe that perpetual preferred equities represent one of the most attractive structures for raising permanent capital. It can appeal to yield-seeking investors while allowing the benefits generated from deploying that capital into Bitcoin to accrue to ordinary shareholders over time. All forms of capital have a cost. With perpetual preferred equity, that cost is relatively straightforward to understand: the dividend commitment. The key question then becomes whether the return generated from the deployment of that capital exceeds its cost over time. The Bitcoin treasury model is relatively simple in this regard. For example, Strategy currently pays 11.5% on STRC and Strive pays 13% on SATA. Looking at Bitcoin's historical performance, the compound annual growth rate over the last 3, 5 and 10 years has been approximately 39%, 15% and 59% respectively. £1 million invested three years ago would be worth approximately £2.26 million today. £1 million invested five years ago would be worth approximately £2.00 million today. £1 million invested ten years ago would be worth approximately £107 million today. These figures illustrate an important point. While Bitcoin is volatile, the long-term historical growth rate has significantly exceeded the cost of capital represented by current perpetual preferred equity dividend rates. Using the most conservative comparison above, if capital costs 13% per annum and the underlying asset compounds at 15% per annum, value is still being created over time. Of course, this is an intentionally simplified example and does not reflect all the complexities of a real corporate treasury model. However, it serves to illustrate the basic principle behind why a growing number of Bitcoin treasury companies view perpetual preferred equity as an attractive source of long-term capital. Importantly, this approach seeks to minimise many of the challenges associated with other forms of financing while allowing a company to continue building its Bitcoin balance sheet, and increasing Bitcoin per share, over extended periods of time. It is important to note that historical performance does not guarantee future results. The figures above are provided solely to illustrate the relationship between the cost of capital and Bitcoin's historical long-term growth rates and should not be interpreted as a forecast of future Bitcoin performance. On Friday last week, we held the inaugural Bitcoin Treasury Unconference. I have received a great deal of positive feedback since then, and we have now released the individual videos, along with photographs from the event, on our website for everyone to enjoy. We will be holding the event again next year and early bird tickets are already available via our website. Thank you to everyone who attended, spoke at or sponsored the event. On Monday this week, we released two announcements. Firstly, we updated the market regarding warrants exercised since the pre-IPO warrant window was opened. Today, there are just 8,075,600 of these pre-IPO warrants held by external investors. When we listed the business, and Bitcoin treasury companies were far less understood than they are today, these warrants formed an important part of our route to becoming a public company. I am pleased that the warrant overhang has now been substantially reduced. The second RNS on Monday related to a proposed capital reduction and notice of general meeting. There has been speculation online regarding the reasons behind this proposal and I would encourage shareholders to refer to the official announcement for the company's comments. I would also like to ask every shareholder to vote their shares if they have not already done so. Whether you support or oppose a proposal, exercising your right to vote is an important part of being a shareholder. We hope that you will support this important resolution. On Tuesday I had an update session with Squarebird, the business we acquired earlier this year using approximately 1% of our balance sheet enabling us to significantly grow our revenues. I am delighted with the progress they are making on growing the business and look forward to the hard work the team are putting into the projects developing into figures which will then be released in future updates we announce. We are lucky to have such a good business as part of our group. For the remainder of the week, we made only two further announcements, both relating to updated TR-1 notifications from 210k Capital, LP. 210k have been a shareholder since the start of our journey and we are pleased to have Tyler Evans also on our board. These notifications were required because of our increased number of shares in issue and a change of ownership of their parent company. The quantity of shares held by 210k Capital has not changed; only its percentage ownership has changed. Under UK listing rules, significant shareholders must notify the company when certain percentage thresholds are crossed, and the company must then update the market accordingly. Our team has been working exceptionally hard this week. Our focus remains on driving forward the various projects that we are working on, and I appreciate that it can sometimes be frustrating for shareholders not to know everything that is happening behind the scenes. However, we will disclose developments at the appropriate time and, in my view, the direction in which we are heading is the right one for the success of the business. We are fortunate to have one of the most supportive shareholder communities in the Bitcoin treasury space. We will continue pushing forward every day, with speed, discipline and precision, as we work to build what we believe Smarter Web can become. Thank you for your continued support; I never take that support for granted. We are working hard every day to justify the trust you place in us, and I look forward to updating you on our progress as we move forward. LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8

What If ? Bitcoin soft price is very good news for Smarter Web What If ? You knew that within the next 6-10 weeks many millions of pounds are going to be available for you to invest Let’s explore firstly SWC will know exactly what the price of capital is going to cost 8/9/10 % Capturing the Spread is the key 🔑 That depends on the cost we buy Bitcoin £50 Million new Capital @ BTC of £46k = 1086 £50 Million new Capital @ BTC of £90 k = 555 I know I would rather have 1086 Bitcoins Remember we know the cost of acquiring the Capital! So a soft BTC price right before a preferred raise is strategically excellent for SWC ordinary shareholders The preferred holders don’t care about the BTC price they just want their 8% coupon SWC gets to lock in cheap BTC with someone else’s capital, and the ordinary shareholders gets the upside I’ve done a graphic to visualise the capital engine we will have Guys we will have 2 ATM’s running at the same time First UK Pref possibly First European possibly First outside USA @smarterwebuk Innovating The Future Have a Great Weekend

@Lusu_91 @starjumporg They are different ships for different roles. The Javelin is supposed to kill anything the same size as it and below, it's modularity also provides it other specialised roles. You'd use an Odin to take out another Odin or space stations and Vanduul Maulers, etc

@jusburrough @starjumporg true but Odin with 12 Players will destroy the Jav without problems i guess + both can't land and are only good for station / org wars i think. Javelin will be much cheapert to run i guess but i don't see another reason for it

Can't wait to learn more about the modular room options the Javelin will be getting.

@Lusu_91 @starjumporg Javelin is min crew 12, Odin is 33. Quite a big crew difference

@starjumporg Can you guys explain to me why you should fly this thing as soon as the Odin is in the verse? I love the Jav but it feels so useless vs Odin with the same amount of Crew i guess

@andysmith_asap @SWC_Wiki that's in 16 days, seesh moving fast 🚀

By my and @SWC_Wiki understandings with hours of researching with AI, "Capital Reduction" is the first phase of a preferred stock for $SWC 🚀🚀 General meeting Wednesday 17th June 10am LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8

A fun model of what Smarter Web Company might look like it they started issuing $10m per month of preferred shares today: Model assumptions: $10M/month preferred issuance 10% preferred cost 30% BTC CAGR CEBE mNAV goes from 0.77x to 1.0x sell common stock to pay dividends zero common stock dilution to buy Bitcoin Start: 2,878 BTC 2,541 common equity BTC 723 CEBE sats/share $0.41 implied price Year 10: 8,691 BTC 7,487 common equity BTC 1,365 CEBE sats/share $13.89 implied price That is 33.9x in the model. The share count rises 56%. They would end up juicing the amplification ratio to just under 40% within two years of this model, and then it would start to fall. CEBE sats/share rises 89%. This is the whole game.

"UK Asset Landscape" now published. Key takeaway: the UK commands ~6% of global asset value, and more of global money and equities. In my opinion, the UK is one of the most attractive capital markets for BTCTC strategy. Document on @smarterwebuk website. Link in comments.

@asjwebley @StrategyTracker Bat Signal, rally the troops

The Smarter Web Company quarter-to-date Bitcoin yield is 14.26%. With 778 sats per share, equating to ~£0.45 BTC per fully diluted share with a leverage ratio of 11.1%. Our current fully diluted mNAV is 0.89. 37 Bitcoin purchases in our ~56 weeks as a public company, equating to approx one Bitcoin purchase every 1.5 weeks. Orange is my favourite colour. LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8

@Micro2Macr0 Can't wait util the daily dividends kick off, really interested to see how they perform

$SATA has already hit $3.5 million in their ATM today. Again, I'm thinking these guys will consume 2,000-5,000 #Bitcoin in less than 2 weeks with their preferred offering. Which is absolutely insane. What doyou guys think? Can we reach 300 $BTC today alone?

@smarter_dash now we just need some sweet orange nectar to give a whirl

The site is now LIVE 🚀 With prefs on the horizon, Smarter Dash is now fully dedicated to the Percolator. As we prepare for the pref launch, both companies will funnel capital into SWC to buy BTC, and that’s exactly why the Percolator was invented. We’ve spent the last few weeks squashing bugs, refining performance, and stress testing everything behind the scenes. The results have been strong, and now it’s time to go live. 🔥 Keep an eye on it over the coming days and send us your feedback. That’s what will help make it great. @andysmith_asap @SWC_Wiki

Bitcoin or slavery.