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

The Smarter Web Company PLC has added 50 Bitcoin to its corporate treasury, bringing its total Bitcoin holdings to 2,100 BTC as of August 8, 2025 [1]. This acquisition reinforces the company’s long-term strategy of integrating Bitcoin into its financial structure, marking another step in its broader “10 Year Plan” to position digital assets as a core component of its treasury [3]. The purchase was made at an average price of £86,650 per Bitcoin, equivalent to approximately $116,276 [1], contributing to a total Bitcoin valuation of roughly $229.6 million [2].

The company’s CEO, Andrew Webley, has been instrumental in driving this strategy, advocating for the use of Bitcoin as a store of value and a financial hedge. “Alongside our core business, we believe that Bitcoin is the best asset the world has ever seen,” Webley stated, highlighting the company’s conviction in the long-term potential of the cryptocurrency [4]. The firm has already achieved significant returns from its Bitcoin holdings, reporting a year-to-date yield of 48,273% and a 30-day yield of 84% [4]. With approximately £19.5 million in reserve available for further Bitcoin acquisitions, the company has signaled that future purchases are likely to continue [4].

The Smarter Web Company, a London-listed technology firm, primarily delivers web design, development, and online marketing services through a subscription-based model [4]. The company accepts Bitcoin as a form of payment and also uses it to manage surplus capital, positioning itself as an early adopter in the corporate crypto space. While it is not regulated by the UK’s Financial Conduct Authority (FCA), the board has acknowledged the high-risk nature of Bitcoin investments and the potential volatility of the asset [4]. The company has emphasized that its Bitcoin strategy is not a recommendation for investors but a strategic decision tailored to its own financial positioning [4].

The company’s aggressive accumulation approach aligns with a growing trend of corporate Bitcoin adoption, particularly in the UK and Europe. By issuing the UK’s first Bitcoin-denominated bonds, The Smarter Web Company has further innovated in the corporate finance space, drawing attention from investors and analysts alike [1]. This trend is reminiscent of the strategies employed by firms like MicroStrategy, which have previously demonstrated the potential of Bitcoin as a corporate treasury asset [2]. However, such strategies remain subject to regulatory scrutiny, with Bitcoin currently unregulated in the UK [4].

While the company has not indicated any immediate impact on the broader Bitcoin market, its continued accumulation efforts may influence institutional perceptions and potentially encourage further corporate adoption. The Smarter Web Company’s actions underscore a shift in how some corporations view Bitcoin—not just as an investment vehicle but as a strategic tool to enhance financial resilience and future business models [1].

Source:

[1] Smarter Web Adds 50 BTC, Now Holds $229M in Bitcoin – Coinpedia (https://coinpedia.org/crypto-live-news/smarter-web-adds-50-btc-now-holds-229m-in-bitcoin/)

[2] The Smarter Web Company added 50 bitcoins, bringing its total holdings to 2,100 – MEXC (https://www.mexc.com/news/the-smarter-web-company-added-50-bitcoins-bringing-its-total-holdings-to-2100/64221)

[3] Smarter Web Company - Bitcoin Purchase – Aquis (https://www.aquis.eu/stock-exchange/announcements/5312936)

[4] Bitcoin Purchase | Company Announcement – Investegate (https://www.investegate.co.uk/announcement/rns/the-smarter-web-company-plc--swc/bitcoin-purchase/9036995)