Crypto:
36635
Bitcoin:
$92.257
% 0.92
BTC Dominance:
%58.7
% 0.13
Market Cap:
$3.14 T
% 1.16
Fear & Greed:
28 / 100
Bitcoin:
$ 92.257
BTC Dominance:
% 58.7
Market Cap:
$3.14 T

Smarter Web Expands Bitcoin Holdings: Multi-Million Dollar Crypto Investment

UK-based web design and digital marketing firm Smarter Web Company is continuing to expand its Bitcoin strategy. As part of its 10-year digital asset plan, the company has added another 230.05 BTC to its treasury, amounting to an investment of approximately $24.7 million. The purchase was made at an average price of £78,103 (around $107,126) per Bitcoin.

With this latest acquisition, Smarter Web’s total Bitcoin holdings have reached 773.58 BTC. The company’s average acquisition price now stands at £78,022 ($107,015), bringing its total BTC investment to over $82.6 million.

Smarter Web’s 10-Year Plan: Bitcoin-Focused Corporate Growth

Smarter Web launched its “10-Year Plan” in April, outlining an ambitious Digital Asset Treasury Policy aimed at supporting long-term business value through Bitcoin accumulation. The firm views Bitcoin as a critical component of future corporate growth and financial resilience.

Currently, Smarter Web holds approximately £38 million (about $52.3 million) in cash, which it may use for additional Bitcoin purchases in the near future.

$62 Million Raised in New Funding Round

The company also disclosed that it had raised roughly £45 million ($62 million) through accelerated bookbuilds and subscription offerings. This fundraising diluted existing shareholders by about 9%.

Following the funding round, CEO Andrew Webley and his family now hold an 11.3% stake in the company.

Accepting Bitcoin Payments Since 2023

Smarter Web began accepting Bitcoin payments back in 2023. The firm believes that Bitcoin plays a central role in the future of the global financial system and plans to support its strategy through both organic growth and potential acquisitions.

UK Bitcoin Adoption Accelerates

Smarter Web’s latest move comes amid a growing wave of Bitcoin adoption among UK-listed firms. Several small-cap companies on exchanges like Aquis have recently announced Bitcoin purchases or future intentions to add the asset to their balance sheets.

Notable examples include Tao Alpha, which plans to raise £100 million ($137 million) for its Bitcoin initiative, as well as Panther Metals, Bluebird Mining Ventures, and Vinanz, all of which have revealed funding rounds or purchases aimed at BTC accumulation.

This trend highlights the rising institutional confidence in Bitcoin across the UK’s corporate sector.


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