The Smarter Web Company Buys Bitcoin (BTC) Again: Details
The post The Smarter Web Company Buys Bitcoin (BTC) Again: Details appeared on BitcoinEthereumNews.com.
TLDR: The Smarter Web Company now holds 543.52 BTC after two large June purchases. Total Bitcoin spend reaches £42.39M, with an average price of £77,988 per coin. Recent BTC buy aligns with MicroStrategy and Metaplanet’s ongoing accumulation. The company views Bitcoin as a treasury asset, not a speculative investment. The Smarter Web Company has expanded its Bitcoin holdings, marking another move in its long-term treasury strategy. The tech firm, listed in London, is continuing with its “10 Year Plan” aimed at steady Bitcoin accumulation. This marks the second major Bitcoin purchase in less than a week, reinforcing the firm’s strong stance on crypto integration. The purchase also reflects rising institutional interest in Bitcoin as companies seek alternatives to traditional assets. As prices fluctuate, corporate players are moving fast to secure BTC positions. The Smarter Web Company Adds More Bitcoin On June 24, The Smarter Web Company revealed it had acquired 196.90 Bitcoin. The average purchase price was £77,122 per BTC, or about $103,290 in U.S. dollars. The total cost of the transaction reached £15.18 million. This latest purchase comes just five days after the company bought 104 Bitcoin on June 19. With this move, its total Bitcoin holdings now stand at 543.52 BTC. The company has spent roughly £42.39 million so far, with an overall average price of £77,988 per Bitcoin. The Smarter Web Company (#SWC $TSWCF) RNS Announcement: Bitcoin Purchase. Purchase of additional Bitcoin as part of “The 10 Year Plan” which includes an ongoing treasury policy of acquiring Bitcoin. Please read the RNS on our website: https://t.co/z59Xf4oBRU pic.twitter.com/8rrSTwYWoa — The Smarter Web Company (@smarterwebuk) June 24, 2025 The ongoing purchases fall under the firm’s long-term roadmap called “The 10 Year Plan.” This strategy includes an active treasury policy focused on acquiring Bitcoin over time. The company also accepts…
Filed under: News - @ June 24, 2025 10:29 am