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UK Firm Buys $26.4M in Bitcoin, Now Ranks Among Top 30 BTC Holders

UK Firm Buys $26.4M in Bitcoin, Now Ranks Among Top 30 BTC Holders

  • Smarter Web boosts bitcoin stash with $26.4 million purchase.
  • UK company now ranks 26th among global corporate BTC holders.
  • CEO confirms bitcoin as key part of future treasury strategy.

The Smarter Web Company has expanded its bitcoin portfolio with a fresh purchase of 225 BTC, valued at approximately $26.4 million. This significant acquisition raises its total holdings to 1,825 BTC, pushing the UK-based company into the top 30 globally among publicly listed corporate bitcoin holders.


As per the recent announcement, the company has purchased a new portion of bitcoin at an average price of $118,076 per BTC. The total amount of this transaction was £19,596,574. The acquisition cost will increase its average cost per acquisition to $109,088 in all its acquisitions. Judging by the market prices as of writing, the aggregate value of the company’s stash of BTCs is estimated at approximately $210 million.


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Though the Smarter Web Company was initially a web design business, it has now incorporated bitcoin into its treasury. More than £100 million of equity capital has been raised since it listed on the Aquis Stock Exchange in April 2025. The company has no long-term debts except a director loan, which is of slight amounts and was repaid after the period of the report.


Additionally, it confirmed it still has about £1 million in net cash available in treasury, which may be allocated to future bitcoin purchases. This step follows the company’s efforts to transition into becoming a bitcoin-oriented monetary plan by relying on its basic services.


Bitcoin Holdings Drive New Strategic Position

Andrew Webley, the company’s CEO, stated that the shift reflects a belief in bitcoin as a superior asset for long-term capital reserves. He noted that using bitcoin as a treasury asset aligns with the firm’s vision for future business stability and growth.


In its interim financial results for the six months ending April 30, 2025, the company reported a net loss of £719,566. This is compared with the loss of £372,640 reported in the corresponding period in the previous year.


With 1,825 BTC now under its control, The Smarter Web Company ranks 26th globally among public firms holding bitcoin. Its aggressive approach accentuates an emerging trend of businesses embracing digital assets as a long-term treasury strategy.


The newest bitcoin acquisition includes the Smarter Web Company as one of the leading corporate BTC holders. Its move towards treasury management based on crypto is a sign that it is certainly interested in using bitcoin in its future financial endeavors.


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