Bitcoin News Today: Smarter Web Adds 50 BTC, Bitcoin Holdings Hit $229.6M

Generated by AI AgentCoin World
Tuesday, Aug 12, 2025 4:06 am ET1min read
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Aime RobotAime Summary

- The Smarter Web Company added 50 BTC to its treasury, now holding 2,100 Bitcoin valued at $229.6 million as part of its 10-Year Plan.

- Recent purchases at £89,000/BTC ($119,412) reflect a £26.26 million investment, with an overall average cost of £82,399/BTC ($110,555).

- Strong returns include a 55,069% year-to-date yield and 76% 30-day yield, supported by £700,000 cash reserves for future acquisitions.

- Transparency is emphasized through a public dashboard, while a £7.63 million capital raise funds both core operations and Bitcoin expansion.

- The strategy aligns with corporate Bitcoin adoption trends, leveraging disciplined accumulation and strategic acquisitions for growth.

The Smarter Web Company has added 50 BTC to its

Bitcoin
treasury, bringing its total holdings to 2,100 Bitcoin, valued at approximately $229.6 million [1]. This acquisition is part of the company’s ongoing 10-Year Plan to accumulate digital assets. The latest purchase was made at an average price of £89,000 ($119,412) per BTC, reflecting an investment of £26.26 million [2]. The company’s overall average purchase price for Bitcoin stands at £82,399 ($110,555) per unit [2].

The company reported strong returns from its Bitcoin treasury, with a year-to-date yield of 55,069% and a 30-day yield of 76% [2]. These figures underscore the rapid appreciation of Bitcoin under the company’s ownership and its strategic focus on capitalizing on price appreciation. The Smarter Web Company also retains approximately £700,000 in cash reserves for future Bitcoin purchases, indicating its continued commitment to expansion in the digital asset space [2].

Transparency remains a key focus for the company, with CEO Andrew Webley recently sharing updates on the firm’s Bitcoin treasury dashboard. The dashboard, accessible on the investor relations section of the company’s website, provides detailed information on Bitcoin holdings, valuations, and performance metrics [2]. A new feature includes the P/BYD metric, developed in collaboration with @Croesus_BTC, which is intended to offer shareholders deeper insights into the treasury’s performance [2].

The latest Bitcoin purchases were funded in part by a recent capital raise of £7.63 million, announced on August 11, 2025. This was achieved through the issuance of 3,452,086 new ordinary shares at an average price of £2.21 per share. Settlement of approximately 97% of the funds is expected to be completed within the week [2]. The capital raise supports the company’s dual strategy of growing its core business and expanding its Bitcoin treasury.

Smarter Web Company operates as a digital services firm specializing in web design, development, and online marketing. Since 2023, it has accepted Bitcoin as a payment method and integrated the cryptocurrency into its financial planning. The company is also pursuing strategic acquisitions to expand its client base and recurring revenue streams, with any deals dependent on board approval and favorable market conditions [2].

The firm’s approach aligns with the growing trend of companies incorporating Bitcoin into their treasury management strategies. By maintaining open communication with investors and maintaining a disciplined accumulation strategy, the company is positioning itself for continued growth in both its core operations and its Bitcoin holdings.

Source:

[1] Smarter Web Adds 50 BTC, Now Holds $229M in Bitcoin - (https://cryptorank.io/news/feed/6d6e6-smarter-web-adds-50-btc-now-holds-229m-in-bitcoin)

[2] Smarter Web Company Adds 50 BTC, Treasury Tops ... - (https://coinfomania.com/smarter-web-company-adds-50-btc-treasury-tops-2100-bitcoin/)