In a most audacious display of fiscal acumen, The Smarter Web Company PLC, that paragon of London-listed technology, has boldly declared a fresh acquisition of 325 bitcoin, thereby inflating its crypto coffers to a staggering 1,600 BTC. One might venture to wonder if “The 10 Year Plan” is merely a euphemism for “The 10-Year Game of Monopoly.” 🎩
This latest spree—totalling an eye-watering £27,145,693 at an average price of £83,525 ($112,157) per solitary bitcoin—serves as a testament to the company’s unwavering dedication to its, shall we say, rather speculative bitcoin strategy. They’ve paraded impressive year-to-date and 30-day BTC yields of 39,258% and 419%, respectively, leaving one to ponder if investing in bitcoin is now akin to discovering a fountain of youth simmering in one’s backyard. 💸
In addition to amassing such digital treasure, the firm reportedly sits upon a not-so-pitiful sum of approximately £4,000,000 in net cash, ostensibly primed for further bitcoin escapades. As if that weren’t enough, they’ve also introduced a research brief showcasing their novel valuation metric, the P/BYD ratio. It’s designed, apparently, to enlighten investors regarding the performance of Bitcoin Treasury Companies—as if it were all quite simple—a veritable Pandora’s box of financial intrigue that decisively answers the perennial question: why hold bitcoin as a treasury asset? Naturally, the answer is delightful in its absurdity. 🍾
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2025-07-17 12:57