The Smarter Web Company, a UK-based web development firm evolving into a Bitcoin-focused treasury entity, has announced a major purchase of 225 BTC, pushing its total holdings to 1,825 BTC.
$26.4 Million in Bitcoin Added at $118K Per Coin
In an official statement on Friday, the company confirmed it acquired 225 BTC for £19.6 million ($26.4 million USD) at an average price of $118,076 per bitcoin. This latest buy increases its total BTC position to 1,825 coins, with a blended acquisition cost of $109,088 per BTC.
At current market rates, the company’s BTC treasury is valued at over $216 million.
Ranks Among Top 30 Corporate Bitcoin Holders
With 1,825 BTC, The Smarter Web Company now ranks 26th globally among publicly traded companies holding Bitcoin, based on Bitcointreasuries.net data. The firm joins a growing list of non-crypto corporations using BTC as a long-term capital reserve asset.
The company also holds an additional £1 million ($1.3 million) in cash reserves available for further BTC accumulation.
Strategic Shift Toward Bitcoin Treasury Model
CEO Andrew Webley explained the company’s dual focus, saying:
“Alongside our core business, we believe that Bitcoin is the best asset the world has ever seen… we use it as a treasury asset for capital held for future business needs.”
The firm went public earlier this year, on April 25, 2025, via the Aquis Stock Exchange in London, raising over £100 million in equity with no long-term debt. Its shift toward a Bitcoin-centric model echoes strategies seen in firms like MicroStrategy and Marathon Digital.
Financial Update Shows Net Loss, But Strong Capital Position
Despite its BTC investments, the company reported a £719,566 ($968,640) loss for the six-month period ending April 30, widening from a £372,640 ($501,605) loss during the same time last year.
Still, executives emphasized the firm’s healthy capital structure and long-term vision.
Bitcoin as a Strategic Corporate Asset
As Bitcoin continues to gain institutional trust, companies like The Smarter Web Company are positioning BTC as a reserve asset, not just speculation. With more firms adopting this model, Bitcoin’s role in corporate finance is clearly expanding.
The move underscores growing confidence in Bitcoin as digital gold — not just for tech giants, but for diversified businesses worldwide.
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.