The Smarter Web Company has significantly bolstered its Bitcoin reserves, increasing holdings to 1,275 BTC through a strategic acquisition.
The £21.88 million purchase of 275 additional Bitcoin tokens occurred at an average price of £79,563 per BTC, executed under the company’s ’10 Year Plan’ designed to escalate Bitcoin exposure.
This treasury initiative has yielded exceptional returns of 31,263% year-to-date and 497% over the past 30 days. The firm maintains approximately £31 million in cash reserves, preserving flexibility for future strategic investments.
The company has integrated Bitcoin as a payment option since early 2023, operationalizing cryptocurrency for customer transactions. This expansion reflects broader European corporate adoption trends where Bitcoin dominates institutional crypto treasury strategies.