Bitcoin News Today: Smarter Web Enters Global Top 25 Bitcoin Holders With $27M BTC Purchase

The Smarter Web Company has entered the global top 25 corporate Bitcoin holders after acquiring an additional 225 BTC for £19.9 million ($27 million), bringing its total Bitcoin holdings to 2,050 coins valued at approximately $242 million [1]. The firm, a London-listed technology company, continues to execute “The 10 Year Plan,” which includes aggressive Bitcoin purchases as part of its treasury strategy. The latest acquisition was made at an average price of £88,482 ($118,080) per Bitcoin, contributing to a year-to-date yield of 49,198% and a 30-day yield of 224% on its digital assets [1].

The Smarter Web Company’s Bitcoin purchases in 2025 include 325 BTC in July and 196.8 BTC in June, with the company maintaining around £500,000 in remaining treasury cash for future deployments [1]. This aggressive accumulation has led to significant stock volatility, with shares falling 15% after recent fundraising despite a 274% rise year-to-date [1].

The company is part of a broader wave of corporate Bitcoin adoption, with over 283 firms now collectively holding 3.64 million Bitcoin. The trend extends beyond cryptocurrency-focused firms to traditional businesses seeking inflation hedges and portfolio diversification [1]. MicroStrategy, the most prominent corporate Bitcoin holder, expanded its position with a $2.521 billion IPO, acquiring 21,021 BTC at $117,256 per coin and bringing its total holdings to 628,791 BTC valued at approximately $43 billion [1].

European firms have also followed suit, with companies like H100 Group and Fragbite Group adopting Bitcoin as part of their treasury strategies [1]. Meanwhile, MARA Holdings reported Q2 earnings exceeding expectations, driven by Bitcoin appreciation and mining operations, with holdings of 49,951 BTC valued at $5.3 billion, placing it second among public Bitcoin holders [1].

Turkish ride-hailing firm Marti Technologies recently allocated 20% of its cash reserves to Bitcoin and plans to increase crypto holdings to 50%, with potential inclusion of Ethereum and Solana [1]. Over 98 companies have announced plans to raise over $43 billion for cryptocurrency purchases since June.

However, the strategy has drawn skepticism. Analysts such as VanEck’s Matthew Sigel have warned about risks associated with at-the-market share issuance programs, particularly when stock prices near Bitcoin’s net asset value [1]. Crypto analyst Ran Neuner has criticized the model, suggesting that many companies function as exit vehicles for early contributors, who receive crypto in exchange for shares trading at substantial premiums [1].

The trend is not limited to Bitcoin. ETH Strategy recently raised $46.5 million to become Ethereum’s first MicroStrategy-style treasury protocol, deploying 11,817 ETH into staking operations [1]. Despite recent market corrections—Bitcoin fell from $120,000 to $117,000, and over $721 million in leveraged positions were liquidated—corporate interest in Bitcoin and other cryptocurrencies continues to grow [1].

Source:

[1] Smarter Web Company Crosses 2,000 BTC Mark After $27M Purchase, Reaches Top 25 Rankings

https://cryptonews.com/news/smarter-web-company-crosses-2000-btc-mark-after-27m-purchase-reaches-top-25-rankings/