The Smarter Web Company has announced a major Bitcoin purchase under its ongoing treasury strategy. The London-listed tech firm acquired 225 BTC at an average price of £88,482 per coin. The total investment reached approximately £19.9 million ($26.6 million). This move is part of the firm’s “10 Year Plan” to increase Bitcoin exposure.
With this acquisition, the company’s total Bitcoin holdings now stand at 2,050 BTC. The average purchase price across all holdings is £81,346 ($108,556). The total value of its Bitcoin reserves has climbed to £166.7 million.
BTC Strategy Yields Triple-Digit Growth
The Smarter Web Company’s bold crypto strategy appears to be paying off. It has achieved a 49,198% year-to-date yield on its BTC treasury position. Over the past 30 days, the company has seen a 224% return on its Bitcoin holdings.
Approximately £500,000 in cash remains available for future Bitcoin acquisitions. The company sees BTC as a long-term store of value and a core component of its financial strategy.
Bitcoin Policy Embedded in Company Vision
Smarter Web’s business spans web design, development, and online marketing. Since 2023, the company has accepted Bitcoin as a form of payment. The current treasury approach reflects a deeper integration of crypto into its long-term vision.
With organic growth, the firm plans strategic acquisitions. These would target new clients or boost recurring revenue. The directors emphasize that acquisitions will only proceed if the timing and market conditions align.
Risk Disclosure and Regulatory Clarity
Despite its confidence in Bitcoin, Smarter Web is transparent about associated risks. The company is not regulated by the UK’s Financial Conduct Authority. Bitcoin holdings remain outside the protection of the Financial Ombudsman Service and the FSCS.
The board warns that Bitcoin’s price is volatile and market access is not always guaranteed. Risks such as cyberattacks and financial crime remain concerns in the crypto sector. However, the directors remain confident in their BTC-first approach.