"The Smarter Web Company announced it has purchased 225 more Bitcoin for £19.6 million, averaging £87,096 per BTC, totaling £146.9 million across 1,825 BTC."
"Alongside our core business we believe that Bitcoin is the best asset the world has ever seen and because of this we use Bitcoin as a treasury asset."
"Since our IPO, we have raised well over £100 million in equity capital, with no debt, positioning us exceptionally well to pursue our long-term vision."
"The Smarter Web Company believes that Bitcoin forms a core part of the future of the global financial system and has aggressively integrated BTC into its treasury policy."
The Smarter Web Company has purchased 225 more Bitcoin at £19.6 million, averaging £87,096 per BTC. This acquisition increases total Bitcoin holdings to 1,825 BTC with an average cost of £80,466 per BTC. The company has a 10 Year Plan focusing on Bitcoin as a treasury strategy, achieving a year-to-date yield of 43,787%. The company began accepting Bitcoin in 2023 and currently holds over £1 million in cash with no debt, emphasizing Bitcoin's role in future growth and positioning itself for long-term success.
Read at Bitcoin Magazine
Unable to calculate read time
Collection
[
|
...
]