The Smarter Web Company Increases Bitcoin Holdings Amid New All-Time High, Suggesting Continued Accumulation Potential
2025-07-11 08:55:42
Main Idea
The Smarter Web Company has significantly increased its Bitcoin holdings to 1,275 BTC, reflecting its strategic focus on Bitcoin as a growth asset and its integration into corporate treasury and payment systems.
Key Points
1. The Smarter Web Company purchased an additional 275 BTC for £21.88 million, averaging £79,563 per Bitcoin, as part of its '10 Year Plan' to increase Bitcoin exposure.
2. The company's Bitcoin treasury strategy, initiated in April 2023, has yielded a year-to-date return of 31,263%, with a 30-day yield of 497%, highlighting Bitcoin's growth potential.
3. The firm maintains approximately £31 million in cash reserves, indicating readiness for further strategic moves.
4. The company has integrated Bitcoin as a payment option for customers since early 2023, enhancing its utility in corporate operations.
5. The Smarter Web Company's approach reflects a broader trend of corporate Bitcoin adoption in Europe, with Bitcoin being the predominant asset in such strategies.
Description
The Smarter Web Company has significantly expanded its Bitcoin treasury, acquiring 275 BTC to bring its total holdings to 1,275 BTC amid Bitcoin’s record-breaking price surge. This strategic purchase, made
Latest News
- Glassnode Insights: BTC Hits New High but Long-Term Holders’ Net Unrealized Profit Remains Below Frenzy Range2025-07-11 13:59:46
- Shiba Inu and AI Collaboration Could Signal Potential Developments Amid Optimistic Outlook2025-07-11 13:58:55
- XRP Price Rally Shows Potential Amid Declining Transaction Volume and Market Uncertainty2025-07-11 13:46:53
- US Congress May Debate Crypto Bills Including CLARITY Act Amid Bipartisan Support and Industry Lobbying2025-07-11 13:46:15
- Murad Mahmudov’s SPX6900-Dominant Portfolio Nears ATH Amid Meme Coin Market Recovery2025-07-11 13:45:36