A British company increases its investments by purchasing 104 bitcoins as part of a long-term vision.
by
Mohamed Shalaby
On June 20, 2025
In a bold strategic move, British company The Smarter Web announced it has increased its Bitcoin holdings by purchasing an additional 104.28 units at an average price of £77,751, bringing its total portfolio to 346.63 Bitcoin, worth approximately £8.1 million. This move is part of a long-term plan to build a strong digital reserve, reflecting the company's vision for the future of the digital economy.
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This move follows the company's successful funding of £29.3 million on June 16, more than doubling its initial target of £15 million. The campaign attracted both institutional and qualified individual investors, highlighting growing confidence in the company's strategy. This funding strengthens The Smarter Web's ability to implement its ten-year plan, which focuses on enhancing digital liquidity through sustainable investments in Bitcoin. To date, the company has spent £27.2 million purchasing Bitcoin at an average price of £78,480 per unit, confirming its commitment to building a strong digital reserve.
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This trend isn't exclusive to The Smarter Web, as Britain is seeing growing interest from other companies. London-based Abraxas Capital, for example, holds 2,949 bitcoins worth over $250 million, capitalizing on market volatility. Similarly, Blue Bird Mining, a publicly listed gold mining company, has announced plans to convert its revenues into bitcoin, an innovative approach that bridges traditional gold with digital assets.
Bitcoin is now viewed as a strategic asset rather than simply a speculative tool. Companies see it as a digital haven that withstands the volatility of traditional markets, reinforcing expectations of continued investment flows into digital currencies. This could herald the beginning of a new phase that could reshape asset management in the global economy, with an increasing focus on Bitcoin as part of corporate financial treasuries.