Bitcoin News Today: Smarter Web Company Buys 295 Bitcoin for £26.3 Million as Part of 10-Year Plan

The Smarter Web Company PLC has added 295 Bitcoin to its strategic treasury, investing approximately £26.3 million ($35 million) in the latest acquisition. The purchase was made at an average price of £89,000 per Bitcoin, increasing the company’s total holdings to 2,395 coins with a cumulative acquisition cost of £197.35 million [3]. This move is part of the firm’s long-term "10 Year Plan," launched in 2023, which aims to steadily accumulate Bitcoin as a core component of its corporate treasury [3].

The Smarter Web Company, listed on exchanges including the AQUIS Exchange in London, OTCQB in the US, and the Frankfurt Stock Exchange, is one of the few technology firms holding Bitcoin on its balance sheet while being publicly traded across multiple markets [3]. The company has also integrated Bitcoin into its business operations, having started to accept the cryptocurrency as payment last year [3]. Management emphasized that any future acquisitions or expansions will require board approval and favorable market conditions [3].

The firm’s Bitcoin strategy has yielded strong returns, with a reported year-to-date treasury yield of 55,069% and a 30-day yield of 76% [3]. These figures reflect the significant price appreciation of Bitcoin and the company’s long-term conviction in the digital asset’s role in the future global financial system [3]. The Smarter Web Company has also raised £7.63 million through the issuance of new shares, with part of the funds allocated to support its Bitcoin accumulation strategy [3].

In a recent update, the company’s CEO, Andrew Webley, published an updated Bitcoin treasury dashboard on the investor section of the company’s website. This tool provides transparency on key metrics, including Bitcoin holdings, valuations, and performance indicators. Webley also mentioned the firm’s intention to incorporate a proprietary P/BYD metric developed by @Croesus_BTC to enhance clarity and provide investors with more refined data [3].

Despite warnings from the UK Financial Conduct Authority (FCA) about the high risks associated with Bitcoin due to its volatility and market uncertainties, the company remains committed to its strategy [3]. The Smarter Web Company has positioned itself as one of the more active corporate accumulators of Bitcoin, demonstrating growing confidence among corporate treasuries in the cryptocurrency as both a store of value and a hedge against traditional financial volatility [1].

The company’s continued accumulation of Bitcoin aligns with a broader trend of institutional interest in digital assets, particularly amid macroeconomic uncertainties and fluctuating interest rates. By consistently adding to its Bitcoin holdings, the Smarter Web Company reinforces its belief in the cryptocurrency’s potential as a strategic and diversified asset within corporate portfolios [4].

Sources:

[1] Smarter Web Company Adds 295 Bitcoin to Its Strategic ... (https://www.cryptotimes.io/2025/08/12/smarter-web-company-adds-295-bitcoin-to-its-strategic-treasury/)

[2] Smarter Web Company acquires 295 bitcoin for £26.3 million (https://www.investing.com/news/company-news/smarter-web-company-acquires-295-bitcoin-for-263-million-93CH-4184158)

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

[4] Hyperliquid Dominates Commissions Charts, Buybacks on ... (https://coinfomania.com/hyperliquid-dominates-fees-hype-token-buyback/)