$BTC
Smarter PLC, a web company, announced the purchase of 225 Bitcoins on Wednesday as part of its ongoing corporate treasury strategy. SMARTER WEB PLC spent £19.9 million on 225 Bitcoin, with the London-listed technology company paying £88,482 per Bitcoin, totaling £19,908,550. This acquisition increases the company's total Bitcoin holdings to 2050. The cumulative average purchase price across all Bitcoin is now £81,346 per Bitcoin, representing a total investment of £166,758,900. The company also reported significant return metrics on its treasury stake. Year-to-date, the treasury Bitcoin position is said to have achieved a return of 49.198%, while the 30-day return was 224%. Nearly £500,000 in net cash is still available for future Bitcoin deployment, the company claims. #FOMCMeeting
