As Bitcoin (BTC) chortles near its all-time high, somewhere in sunny London, The Smarter Web Company has decided to play the cryptocurrency game like a child at a candy store. What have they got in their wallets, you ask? A dazzling 225 BTC added to their corporate treasury! š¬š°
The Smarter Web Company Goes on a Bitcoin Shopping Spree
In a communiquƩ that surely caused a stir over cups of Earl Grey, the tech-savvy firm revealed that they splashed out on 225 BTC at the princely sum of $118,076 per coin. You see, it appears that digital assets are becoming all the rage, particularly for the chaps across the pond.
Now, with this latest flourish, The Smarter Web Company has catapulted its total Bitcoin haul to a staggering 1,825 BTC! At current market rates, that adds up to an eye-watering $216 million. Now thatās what we call a rather impressive piggy bank! š·šµ
In a time when most companies are wringing their hands over the price of tea, The Smarter Web Company has quietly assumed the role of the heavyweight champion of Bitcoin holdings in the UK. Theyāve left their nearest competitor, Phoenix Digital Assets, in the dustāholding a meager 247 BTC. Poor dears!
For those curious about their buying antics, the chart from bitcointreasuries.net paints quite the picture of acquisition finesse. They commenced their Bitcoin escapades back in April 2025 and have been racking up the coins like a collector with an affinity for tea cozies ever since.
In their flamboyant proclamation, the company also boasted a year-to-date BTC yield of an astonishing 43,787%! That’s no small change, especially when a 30-day yield is also looking rather dapper at 189%. They explained it all rather seriously:
BTC Yield is a key performance indicator (KPI) that reflects the percentage change in the ratio of Total Bitcoin Holdings to Shares In Issue over a given period. The Company uses BTC Yield to assess the performance of its Bitcoin acquisition strategy, which is intended to be accretive to shareholders. Sounds fancy, doesnāt it?
And while theyāre off frolicking in the Bitcoin fields, they still have a rather tidy sum of one million GBP lounging in net cash, eagerly awaiting its turn to join the Bitcoin jubilee. Their grand scheme? “The 10 Year Plan,” where they plan to hoard BTC like a dragon guarding its treasure. šš
Do keep in mind, this merry band of Bitcoin enthusiasts has decided to trot along without the watchful eye of the UK Financial Conduct Authority (FCA). They may recognize the āspecial risksā of digital assets, but apparently, that hasnāt dimmed their investing ardor one bit!
UK Companies Daring to Dance to a New Tune
While the American bigwigs like Tesla and MARA Holdings have been tossing Bitcoin around like itās going out of style, UK companies have been rather shy on the matter. However, things might just be changingāSatsuma Technology recently announced a nifty future involving a $135 million capital raise to dabble in Bitcoin. A rousing round of applause for them! š
As it stands, BTC is currently trading at $115,608, taking a slight dip of 3% over the past day. Not quite a rollercoaster, but certainly a lively goose step! š¢
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2025-07-26 13:29