$BTC The Smarter Web Company Expands Bitcoin Holdings to 1,600 BTC and Introduces New Valuation Metric
The Smarter Web Company PLC, a London-listed technology firm, has announced the purchase of an additional 325 bitcoin, increasing its total holdings to 1,600 BTC as part of its ongoing treasury policy outlined in “The 10 Year Plan.”
The recent acquisition, totaling £27,145,693 at an average price of £83,525 ($112,157) per bitcoin, reflects the company’s commitment to its bitcoin strategy.
The Smarter Web Company has reported impressive year-to-date and 30-day BTC yields of 39,258% and 419%, respectively, and currently holds approximately £4,000,000 in net cash available for further bitcoin investments.
Additionally, the company has published a research brief introducing a new valuation metric, the P/BYD ratio, aimed at helping investors analyze the performance and valuation of Bitcoin Treasury Companies, thereby enhancing understanding of the rationale behind holding bitcoin as a treasury asset.