$BTC The Smarter Web Company Expands Bitcoin Holdings as Part of Long-Term Strategy
The Smarter Web Company, a London-listed technology firm, has announced the purchase of an additional 196.9 bitcoin as part of its ongoing treasury policy outlined in “The 10 Year Plan.”
The acquisition, valued at £15,185,259 ($20,610,000), was made at an average price of £77,122 per bitcoin ($103,290). This latest purchase brings the company’s total bitcoin holdings to 543.52 bitcoin, with an overall average purchase price of £77,988 per bitcoin ($104,450) and a total investment of £42,388,373 ($57,500,000).
The Smarter Web Company, which provides web design, development, and online marketing services, has adopted a policy of accepting bitcoin as payment since 2023, believing it to be integral to the future of the global financial system. The company aims to leverage its bitcoin strategy alongside organic growth and potential acquisitions to enhance its client base and recurring revenue.