The Smarter Web Company Acquires 295 Bitcoin, Boosting Total Holdings to 2,395 BTC
Main Idea
The Smarter Web Company has acquired an additional 295 Bitcoin, increasing its total holdings to 2,395 BTC as part of its long-term treasury strategy focused on Bitcoin.
Key Points
1. The company purchased 295 BTC at an average price of £89,000 per Bitcoin (approximately $119,412), totaling £26,255,143.
2. Total Bitcoin holdings now stand at 2,395 BTC, with an average purchase price of £82,399 per Bitcoin (around $110,555), amounting to a total investment of £197,346,551.
3. The company reported a Year-to-Date BTC Yield of 55,069% and a 30-Day BTC Yield of 76% on its treasury.
4. The company has approximately £700,000 in net cash available for further Bitcoin acquisitions as part of its policy since 2023.
Description
The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF | FRA: 3M8), a London-listed firm, has announced the acquisition of an additional 295 BTC as part of its “10 Year Plan,” which includes a treasury policy focused on bitcoin accumulation. The purchase was made at an average price of £89,000 per bitcoin (approximately $119,412), totaling
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