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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
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Categories:

Hot right now:

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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Smarter Web Company Expands Bitcoin Holdings to 1,825 BTC

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Bitcoin Selloff Alert Galaxy Digital Triggers Panic With $9.5B BTC Moves

The post Smarter Web Company Expands Bitcoin Holdings to 1,825 BTC appeared first on Coinpedia Fintech News

The Smarter Web Company PLC, a publicly listed firm in the UK, has just added 225 more Bitcoin to its reserves, as part of its long-term “10 Year Plan.” They spent about £19.6 million on this latest purchase, paying an average of £87,096 per Bitcoin (around $118,000).

This purchase increases its total holdings to an impressive 1,825 BTC. This latest move has pushed the company up to the 26th spot on the Bitcoin 100 leaderboard, a ranking of the largest corporate Bitcoin holders.

This brings their total Bitcoin holdings to 1,825 BTC, worth over £146 million in total. SWC reports strong performance from its Bitcoin treasury, with a year-to-date yield of 43,787% and a 30-day yield of 189%. The company also notes it has approximately £1 million in available cash that may be used for future Bitcoin purchases.

The Smarter Web Company reported a £719,566 loss for the six months ending April 30, 2025 — nearly double the loss from the same period last year. Despite this, CEO Andrew Webley remains confident, highlighting Bitcoin as the company’s treasury asset of choice for long-term value.

Since its IPO, the company has raised over £100 million in equity with zero debt, putting it in a strong position to pursue its long-term growth plans.

Smarter Web Company Embraces Bitcoin

It recently launched “The 10 Year Plan”, a clear strategy combining organic growth, smart acquisitions, and a Digital Assets Treasury Policy. The plan focuses on short-term organic growth, mid-term and long-term acquisition opportunities, and a forward-looking Digital Assets Treasury Policy that includes Bitcoin. It believes digital assets can help preserve value and hedge against inflation. 

The Smarter Web Company provides web design, development, and online marketing services. Since 2023, it has also started accepting Bitcoin as payment. The Company believes that Bitcoin will be a key part of the future global financial system. As it grows and looks at new business opportunities, it is leading the way by making Bitcoin a core part of its financial strategy through its Bitcoin Treasury Policy.

It has been steadily building its Bitcoin treasury throughout July. It started with 230.05 BTC on July 1, followed by 226.42 BTC on July 7. Just days later, it added 275 BTC on July 11, and most recently, 325 BTC on July 16. This comes amidst a rising trend of companies adopting Bitcoin in their treasuries. 

Strategy Upsizes Stock Deal

In related news, Strategy has priced its new STRC preferred stock offering, expected to raise about $2.47 billion from the sale of over 28 million shares at $90 each, a big increase from the original $500 million target. The deal is set to settle on July 29, 2025, with proceeds intended for general corporate purposes, including Bitcoin purchases and working capital.

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