The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF) has acquired an additional 104.28 Bitcoin at an average price of £77,751 ($104,451) per $BTC , totaling approximately £8.1 million.
The company stated, “Since 2023, The Smarter Web Company has adopted a policy of accepting payments in Bitcoin. We believe Bitcoin is a core part of the future global financial system. As we pursue organic growth and acquisitions, we're pioneering a Bitcoin Treasury Policy as a key part of our strategy.”
This purchase brings the company’s total Bitcoin holdings to 346.63 $BTC , now valued at approximately £27.2 million, with an average acquisition price of £78,480 ($105,430) per coin. The accumulation aligns with the company’s long-term “10 Year Plan” focused on Bitcoin adoption.
CEO Andrew Webley commented, “I look forward to working with our advisors to evaluate the effectiveness of this strategy. We hope to inspire other UK companies to adopt similar treasury approaches using Bitcoin.”
Following a recent £29.3 million capital raise announced on June 16, 2025, which led to a 7.39% dilution of existing shareholders, the company also updated director shareholdings:
• Andrew Webley & Family: 27,388,732 shares – ownership fell from 13.41% to 12.42%
• Tyler Evans: 960,000 shares – from 0.47% to 0.44%
• Mario Visconti: 950,000 shares – from 0.47% to 0.43%
• Sean Wade & Family: 767,346 shares – from 0.38% to 0.35%
Webley added, “We’ve spent the last few weeks working closely with our advisors to implement this strategy, focused on generating capital and advancing the business in the best interest of our shareholders.”
In addition, the company has signed a Subscription Agreement for up to 21 million new Ordinary Shares, with an initial tranche of 7 million shares available immediately. Future tranches are expected in the coming months.
The company stated, “Shard shall use reasonable endeavours to place the first tranche of 7 million new Ordinary Shares within one month of signing the agreement. Subsequent tranches will be placed within three months of their subscription.”
