Smarter Web's Bitcoin Holdings Wipe Out Most of Its Capital
ByAinvest
Friday, Feb 20, 2026 3:49 am ET1min read
BTC--
The Smarter Web Company has published audited full-year results, showing a profit before tax of £2.84 million but a loss of £1.47 million when excluding one-off gains. The company raised £209.4 million in equity and £15.8 million in Bitcoin-backed convertible notes, but its market cap is now below its Bitcoin value. The company holds 2,689 Bitcoin, worth around £135 million at current prices.
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