The Smarter Web Company Boosts Bitcoin Holdings With $24.6M Purchase

The Smarter Web Company has bought 230.05 more Bitcoin for $24.6 million, paying an average of $107,126 per coin. This brings its total Bitcoin holdings to 773.58 BTC. With this amount, the UK-based company is now among the top 40 public firms holding the most Bitcoin. The company aims to grow long-term value and become a major force in digital finance. Smarter Web’s Major Bitcoin Purchase Adds to Its Growing Treasury The company’s newest Bitcoin purchase was completed for £17.97 million, equivalent to $24.6 million. It was revealed that each top coin was purchased for an average price of £78,103, equivalent to approximately $107,126. The Smarter Web Company has spent a total of £60.4 million, equivalent to $82.7 million, on all its crypto purchases to date. On average, each Bitcoin was bought for £78,022, equivalent to $107,015. Although the current market price for the flagship crypto is slightly lower at $106,963, the company remains committed to its Bitcoin treasury policy. Due to its rapid accumulation of Bitcoin, the company now ranks 36th among 135 publicly traded companies that hold the top cryptocurrency worldwide. The firm is nearing the 1,000 BTC mark, a milestone that only a few companies, such as Strategy, have achieved. The Virginia-based firm now holds 597,325 BTC after adding 4,980 more to its stash. Smarter Web Charts a Bold New Path The Smarter Web Company started out offering web design, development, and digital marketing services. It earns revenue through service setup fees, annual hosting plans, and optional monthly support. In 2023, the company began accepting Bitcoin as a form of payment. In April 2025, the Smarter Web Company became a listed firm on the Aquis Stock Exchange through a reverse takeover. It also took a major turn by adopting a Bitcoin treasury policy. This decision aligns with the company’s belief that the top coin will play a major role in the future of global finance. Following the news of its Bitcoin treasury strategy, the firm’s share price jumped by nearly 20,000%, reaching a high of £605. This sharp increase pushed its market value from just £3.7 million, equivalent to approximately $5 million, to over £1 billion, or around $1.4 billion. However, the stock later dropped by almost 70%, then stabilized around £249.75. Leading the UK’s Corporate Bitcoin Movement Though most of the largest corporate Bitcoin holders are U.S.-based, UK firms are starting to follow the same path. The Smarter Web Company currently leads among UK businesses with 773 BTC in its treasury. It stands ahead of Phoenix Digital Assets, Coinsilium, and Jersey-based CoinShares, which have 247 BTC, 74 BTC, and 236 BTC, respectively. This indicates a growing interest in digital assets among British firms, with more businesses expected to follow a similar path. The post The Smarter Web Company Boosts Bitcoin Holdings With $24.6M Purchase appeared first on TheCoinrise.com .

Source: The Coin Rise