Bitcoin News Today: Smarter Web Boosts Bitcoin Holdings to $229M Amid 84% 30-Day Gain

Generated by AI AgentCoin World
Friday, Aug 8, 2025 9:07 pm ET1min read
Aime RobotAime Summary

- The Smarter Web Company boosted Bitcoin holdings to 2,100 BTC ($229.6M) after buying 50 BTC at £86,650 each.

- CEO Andrew Webley praised Bitcoin as "the best asset," citing 84% 30-day returns and 48,273% annual gains.

- The firm accepts Bitcoin for payments and issued UK's first Bitcoin-denominated bonds, reflecting corporate crypto adoption trends.

- Despite high volatility warnings, the strategy mirrors MicroStrategy's approach, signaling growing institutional confidence in Bitcoin as a treasury asset.

The Smarter Web Company has increased its

holdings to 2,100 BTC following the purchase of an additional 50 Bitcoin units on August 8, 2025 [1]. This acquisition brings the company’s total Bitcoin portfolio to approximately $229.6 million in value, based on current market prices [2]. The purchase was made at an average price of £86,650 per Bitcoin, equivalent to around $116,276 [1], and reflects the company’s ongoing commitment to integrating Bitcoin into its financial strategy.

The Smarter Web Company’s CEO, Andrew Webley, has consistently expressed strong support for Bitcoin, describing it as “the best asset the world has ever seen” [4]. The company has already realized significant returns from its Bitcoin holdings, with a year-to-date yield of 48,273% and a 30-day yield of 84% [4]. These figures underscore the potential for Bitcoin to serve as both a store of value and a hedge against traditional financial risks. The company, which operates a subscription-based model focused on web design and digital marketing, also accepts Bitcoin as a form of payment and utilizes it to manage surplus capital [4].

The company’s strategy is part of a broader trend of corporate Bitcoin adoption, with firms increasingly viewing the cryptocurrency as a strategic treasury asset. The Smarter Web Company has previously issued the UK’s first Bitcoin-denominated bonds and has positioned itself as an early adopter in the corporate crypto space [1]. While it is not regulated by the UK Financial Conduct Authority (FCA), the firm has acknowledged the high volatility and risks associated with Bitcoin and emphasized that its investment decisions are business-specific and not to be taken as advice for other investors [4].

The continued accumulation of Bitcoin by The Smarter Web Company signals a growing institutional confidence in the asset. With its fixed supply and perceived inflationary advantages over fiat currencies, Bitcoin is increasingly seen as a legitimate component of diversified corporate portfolios. The company’s approach mirrors that of other firms, such as

, that are using Bitcoin to enhance financial resilience and future business models [2]. As more companies explore the role of digital assets in their treasury strategies, the broader acceptance of Bitcoin in mainstream finance may continue to accelerate [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)

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

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