The Smarter Web Company Expands Bitcoin Holdings by $26 Million to 1,825 BTC

The Smarter Web Company (SWC), previously a website design firm in the UK, has shifted its focus to cryptocurrency investments. Key developments include:

  • Purchase of 225 BTC for approximately $25.9 million, increasing total holdings to 1,825 BTC.
  • Average purchase price of the acquired Bitcoins is $118,076, while the average price for all holdings is $109,088.
  • Year-to-date Bitcoin yield reported at 43,787%, with a 30-day yield of 189%.
  • Current treasury holds about £1,000,000 in cash for future Bitcoin investments.
  • Recent interim financial report indicates a net loss of £719,566 ($968,640) for the six months ending April 30, 2025, up from £372,640 ($501,605) the previous year.
  • CEO Andrew Wembley emphasized Bitcoin as a key asset for capital management.
  • SWC ranks 26th globally among publicly traded companies holding Bitcoin.

The firm aims to leverage its equity capital exceeding £100 million for long-term growth without debt obligations.