ION expands ETF trading capabilities with Tradeweb integration
According to a company statement, shareholders voted overwhelmingly in favor of adopting new articles of association with 99.0% approval and authorized the market purchase of company shares with 99.9% approval.
The London-listed technology company, which describes itself as the UK’s largest publicly traded company holding Bitcoin on its balance sheet, reported that 78,444,923 votes were cast in favor of adopting new articles, while 824,462 votes were against. For the market purchase authority, 79,226,745 votes supported the measure with only 73,994 opposed.
The Smarter Web Company provides web design, development and online marketing services to clients who pay an initial fee, annual hosting charges and optional monthly marketing fees.
Since 2022, the company has accepted Bitcoin as payment and maintains a Bitcoin Treasury Policy as part of its corporate strategy. The company stated in its announcement that it "believes that Bitcoin forms a core part of the future of the global financial system."
The approved resolutions follow the company’s previously announced "10 Year Plan" from April 28, 2025.
The company noted that while it holds Bitcoin as part of its treasury reserves, an investment in the company is not a direct or proxy investment in Bitcoin, acknowledging the Financial Conduct Authority’s position that Bitcoin investments are considered high risk.
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