Smarter Web Company expands reserve with 1.825 BTC in treasury
- Smarter Web buys US$26 million in bitcoin
- Company accumulates 1.825 BTC in corporate treasury
- Company is among the largest public holders of bitcoin
Smarter Web Company, a British web design firm listed on London's Aquis Exchange, has strengthened its Bitcoin holdings strategy with the acquisition of an additional 225 BTC, totaling US$26,4 million at an average price of US$118.076 per unit. With this purchase, the company increases its holdings to 1.825 BTC, placing it as the 26th largest corporate holder of Bitcoin among publicly listed companies.
Since its IPO in April 2025, Smarter Web has intensified the transformation of its capital structure, directing a significant portion of its resources to bitcoin as a strategic treasury asset. The company reported that the total average price paid for their BTC holdings to date is $109.088 per unit.
In addition to the amount already allocated, the company still has approximately £1 million (US$1,3 million) in cash, which can be used for future cryptocurrency purchases. The decision to hold Bitcoin as a store of value was reaffirmed by Andrew Webley, the company's CEO. "We believe Bitcoin is the greatest asset the world has ever seen, and therefore we use Bitcoin as a treasury asset for capital held for future business needs," he stated.
The Smarter Web also released its half-year financial statements, revealing a loss of £719.566 (US$968.640) through April 30, 2025, compared to smaller losses in the same period the previous year. Despite the negative result, the company highlights its cash flow, stating that it has raised over £100 million in equity since its IPO and remains debt-free, except for a small director's loan that has already been repaid.
The strategy positions Smarter Web prominently among companies adopting bitcoin as a reserve asset, expanding its institutional presence in the cryptocurrency market by 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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