UK-Based Web Firm Expands Bitcoin Treasury to 1,275 BTC
The Smarter Web Company has made headlines once again with its latest Bitcoin acquisition, purchasing 275 BTC for $29.75 million at an average price of $108,182 per BTC. This move brings the UK-based firm’s total holdings to 1,275 BTC, making it one of the fastest-growing public corporate holders of Bitcoin globally.
With this purchase, the company’s BTC portfolio is now worth approximately $150.5 million, up nearly 10% from cost basis as Bitcoin trades near $118,000.
Rapid Accumulation Places Company in Top 30 Global Bitcoin Treasuries
The firm’s aggressive accumulation strategy has seen it leap from 36th to 28th among the world’s largest public Bitcoin holders within just a month, according to the latest Bitcoin Treasuries data. At this pace, analysts suggest it could break into the top 20 within weeks.
CEO Andrew Webley confirmed the ambition, stating, “That is certainly the plan. I’d like to do it even faster if possible.”
This follows a separate purchase of 226.42 BTC ($24.4M) earlier in the same week, which took the company past the 1,000 BTC milestone.
SWC Stock Soars Over 13,000% Since Treasury Shift
Listed on the Aquis Stock Exchange under the ticker SWC, the company has seen dramatic stock price growth since initiating its Bitcoin treasury strategy in April.
- Stock rose from initial levels to a peak of £605, a nearly 20,000% gain
- Currently trading at £384, still up significantly despite recent volatility
- 15% gain in the last five days, showing renewed investor confidence
This performance demonstrates how a Bitcoin-focused strategy can transform the valuation trajectory of traditional firms.
Strong Balance Sheet Supports Long-Term Bitcoin Strategy
In addition to BTC, the company holds £31 million ($41.9 million) in cash, reinforcing its position as a financially stable crypto treasury firm. The Smarter Web Company earns revenue through its web design, development, and online marketing services, with income generated from setup fees, annual hosting, and optional monthly packages.
Since beginning to accept Bitcoin payments in 2023, the company has evolved its mission. Its 10-Year Plan includes continued BTC accumulation and long-term value creation through digital asset integration.
A Rising UK Bitcoin Treasury Leader
As of now, The Smarter Web Company leads the UK market in Bitcoin holdings, ahead of:
- Phoenix Digital Assets: 247 BTC
- CoinShares (Jersey): 236 BTC
- Coinsilium: 74 BTC
The company’s ascent positions it as the UK’s largest public BTC treasury firm, with a clear plan to scale further.
“Our goal is not only to hold BTC, but to shape the future of digital finance from the UK,” says the company in its latest strategy brief.
Final Thoughts
The Smarter Web Company’s fast-paced Bitcoin accumulation, strategic treasury management, and significant market cap growth have positioned it as a rising star in the Bitcoin corporate treasury space. With ambitions to enter the top 20 global holders, the next few weeks could be pivotal for the company and its shareholders.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.