The Smarter Web Company Adds 225 BTC, Boosts Holdings to 1,825 BTC
Main Idea
The Smarter Web Company PLC has increased its Bitcoin holdings to 1,825 BTC as part of its long-term '10 Year Plan', reinforcing Bitcoin as a core part of its financial strategy despite reporting a loss.
Key Points
1. The Smarter Web Company PLC purchased an additional 225 Bitcoin for £19.6 million, averaging £87,096 per Bitcoin, bringing its total holdings to 1,825 BTC.
2. The company now ranks 26th on the Bitcoin 100 leaderboard, with its Bitcoin treasury showing a year-to-date yield of 43,787% and a 30-day yield of 189%.
3. Despite reporting a £719,566 loss for the six months ending April 30, 2025, CEO Andrew Webley remains confident in Bitcoin as the company’s long-term treasury asset.
4. The company’s '10 Year Plan' includes a Digital Assets Treasury Policy, focusing on Bitcoin as a key part of its financial strategy, and it has accepted Bitcoin as payment since 2023.
5. In related news, Strategy has priced its new STRC preferred stock offering to raise about $2.47 billion, with proceeds intended for general corporate purposes, including Bitcoin purchases.
Description
The post The Smarter Web Company Adds 225 BTC, Boosts Holdings to 1,825 BTC appeared first on Coinpedia Fintech News The Smarter Web Company PLC, a publicly listed firm in the UK, has just added 225 more Bitcoin to its reserves, as part of its long-term “10 Year Plan.” They spent about £19.6 million on this latest purchase, paying an average of £87,096 per Bitcoin (around $118,000). This purchase increases its total holdings to an impressive 1,825 BTC. This latest move has pushed the company up ...
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