hkan logo

The Smarter Web Company Buys 226.42 BTC , Reaches 1,000 BTC Treasury Milestone

HKAN | Jul 8

JUST IN: The Smarter Web Company Buys 226.42 BTC to Hit 1,000 BTC Total Holdings

 

The Smarter Web Company PLC, a UK-listed web development firm, has purchased 226.42 BTC for approximately £17.87 million (~$24 million), bringing its total Bitcoin holdings to 1,000 BTC, according to a company announcement and market reports .

 

 

Why This Is Significant

Treasury milestone: The purchase completes their 10-Year Plan of accumulating 1,000 BTC .

 

Average holding price: The new coins were bought around £78,932 each ($106,766) .

 

Yields: The firm reports an impressive 26,242% year-to-date BTC yield, and 530% 30-day yield .

 

 

 

Context & Market Response

Cash buffer: Smarter Web still holds ~£42.3 million in cash, earmarked for further BTC purchases .

 

Industry trend: This move aligns with a broader shift among UK-listed companies adopting Bitcoin treasury strategies, following in the footsteps of global peers like MicroStrategy and Metaplanet .

 

 

 

Final Take

The Smarter Web Company’s milestone of 1,000 BTC marks a key moment in UK corporate crypto adoption. With a strong treasury yield and strategic accumulation, the firm highlights how Bitcoin is becoming a core asset in long-term financial planning.

 


💬 Comments

No comments yet. Be the first!

Please log in to post a comment.