The Smarter Web Company Increases Bitcoin Holdings to 773.58 BTC
2025-07-01 18:43:54
Main Idea
The Smarter Web Company PLC has increased its Bitcoin holdings to 773.58 BTC as part of its long-term treasury strategy, purchasing an additional 230.05 BTC at an average price of £78,103 per Bitcoin.
Key Points
1. The Smarter Web Company PLC acquired 230.05 BTC on July 1, 2025, as part of its 'The 10 Year Plan' treasury policy.
2. The average purchase price was £78,103 ($107,126) per Bitcoin, totaling £17,967,595 ($24,761,996).
3. Total Bitcoin holdings now stand at 773.58 BTC, with an overall average purchase price of £78,022 ($107,015) per Bitcoin.
4. The company reported approximately £38,000,000 ($52,368,457) in net cash.
Description
On July 1, 2025, The Smarter Web Company PLC, a London-listed technology firm, announced the acquisition of an additional 230.05 BTC as part of its ongoing bitcoin treasury policy outlined in “The 10 Year Plan.” The company purchased the bitcoin at an average price of £78,103 ($107,126) per bitcoin, totaling £17,967,595 ($24,761,996). With this latest
Latest News
- Russian Defense Conglomerate Rostec to Adopt Ruble Stablecoin for Secure Transactions2025-07-04 11:46:36
- WOW Summit 2025 Returns to Hong Kong, Uniting Global Tech Titans to Shape the Future of Web3 and AI2025-07-04 11:15:41
- Adecoagro Partners With Tether to Pioneer Renewable Energy Use for Bitcoin Mining in Brazil2025-07-04 10:43:51
- Top Online Formula 1 Betting Sites with Bitcoin in 2025 [Bet on the British Grand Prix!]2025-07-04 10:12:48
- Digital Currency Showdown: Chinese Tech Giants Plot Yuan Stablecoin Strike Against the Dollar2025-07-04 09:40:43