Smarter Web Company boosts Bitcoin holdings to 1,275 BTC as BTC hits new ATH
2025-07-11 09:00:14
Main Idea
The Smarter Web Company has increased its Bitcoin holdings to 1,275 BTC, following recent purchases, as Bitcoin reaches a new all-time high.
Key Points
1. The Smarter Web Company purchased an additional 275 BTC at an average price of £79,563 ($108,182) per BTC, totaling approximately £21.88 million.
2. The company's total Bitcoin holdings now stand at 1,275 BTC, acquired at an average price of £78,516 ($106,719) per BTC, with a total investment of about £100.1 million.
3. This follows a previous purchase of 226.42 BTC on July 7, which brought its holdings to 1,000 BTC.
4. The company reported a year-to-date BTC yield of 31,263%, with Bitcoin hitting a new all-time high of $118,000.
5. The Smarter Web Company has approximately £31 million in cash reserves and uses BTC yield to measure accretive value for shareholders as part of its '10 Year Plan'.
Description
The Smarter Web Company has added 275 BTC to its treasury, pushing total holdings to 1,275 BTC as Bitcoin hit a new all-time high. The Smarter Web Company, a London-listed Bitcoin treasury company, announced on July 11 the purchase of an additional 275 Bitcoin ( BTC ). The recent acquisition was made at an average price of £79,563 ($108,182) per BTC, totaling approximately £21.88 million. With this purchase, the company’s total Bitcoin holdings have risen to 1,275 BTC, acquired at an average pri...
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