The Smarter Web Company Adds 104.2 Bitcoin to Treasury
On June 19, 2025, The Smarter Web Company, a UK public company, purchased 104.2 Bitcoin worth £8.1 million for its treasury, according to a morning announcement. This move follows a $29.3 million funding round on June 16, 2025, to strengthen its Bitcoin strategy. This trend is supported by more than 235 entities now holding Bitcoin, according to data from bitcointreasuries.net 2025. Geopolitical tensions, including US-China trade negotiations in May 2025, are driving institutional interest as a hedge, per ScienceDirect research. The UK government also eased crypto regulations effective June 2025, triggering similar moves. Criticism has arisen regarding volatility, but adoption continues to rise. At 16:06 WIB, June 19, 2025, the market is anticipating the impact of this investment on the global crypto ecosystem.
