CryptoMediaClub
Tuesday, October 14, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

UK’s Smarter Web Company Acquires $24M Worth of Bitcoin, Holdings Reach 1,000 BTC

07.07.2025
A A
0
119
VIEWS
ShareShare

The Smarter Web Company, a London-listed technology firm, has announced the acquisition of an additional 226.42 Bitcoin for approximately £17.87 million ($24 million).

Key Takeaways:

  • Smarter Web bought 226 more BTC, bringing total holdings to 1,000 BTC worth over £78 million.
  • The company’s year-to-date BTC Yield has surged 26,242%, reflecting its aggressive treasury strategy.
  • Other UK firms are also expanding Bitcoin holdings despite uncertain local crypto regulations.

The latest purchase brings the company’s total Bitcoin holdings to 1,000 BTC, solidifying its position among UK-listed firms with sizable crypto treasuries.

The average purchase price for the new batch was £78,932 ($107,726) per Bitcoin, slightly above the company’s overall average purchase price of £78,228 ($106,766).

Smarter Web’s Bitcoin Holdings Surpass £78 Million After Latest Purchase

With the acquisition, Smarter Web’s cumulative Bitcoin investment now totals over £78 million.

The company reported impressive treasury yields, noting a year-to-date BTC Yield of 26,242% and a 30-day BTC Yield of 530%, reflecting the aggressive accumulation strategy laid out in its “10 Year Plan.”

As of this month, Smarter Web has around £42.3 million in net cash available for potential future Bitcoin purchases, underscoring its commitment to expanding its crypto reserves.

Smarter Web, which offers web design, development, and online marketing services, views Bitcoin as central to its long-term financial strategy.

Since 2023, the company has accepted Bitcoin payments and believes the asset is key to the future of global finance.

🚨JUST IN: 🇬🇧 The Smarter Web Company purchased 226.42 BTC and now has a total of 1,000 BTC 🔥 pic.twitter.com/p1IkEkLGL2

— NLNico (@btcNLNico) July 7, 2025

Last week, the company raised £41.2 million ($56.59 million) just days after making headlines with a $20 million purchase of nearly 197 Bitcoin.

Of the total funds, £36.27 million ($49.8 million) came from the bookbuild, while an additional £4.97 million ($6.82 million) was raised through subscription.

Smarter Web’s directors emphasized that acquisitions will continue where opportunities align with the company’s expansion goals.

The company’s announcement comes as more publicly listed firms adopt Bitcoin treasury strategies, signaling a growing trend of institutional interest in the cryptocurrency despite ongoing market volatility.

Meanwhile, other UK firms are also ramping up their Bitcoin bets amid Britain’s unclear regulatory stance on digital assets.

Vinanz, a London-listed Bitcoin treasury company, has acquired 37.72 BTC, bringing its total holdings to nearly 59 BTC.

In April, investment firm Abraxas Capital made waves with a Bitcoin purchase exceeding $250 million.

Metaplanet Acquires 2,205 More BTC

On Monday, Japanese firm Metaplanet also expanded its Bitcoin treasury strategy with the purchase of 2,205 additional BTC.

The latest acquisition brings Metaplanet’s total Bitcoin holdings to 15,555 BTC, worth approximately 225.8 billion yen ($1.7 billion) at an average purchase price of 14.5 million yen per coin.

The purchase, valued at 34.5 billion yen, comes amid Metaplanet’s aggressive accumulation since designating Bitcoin treasury operations as an official business line in December 2024.

Meanwhile, skepticism around the sustainability of the Bitcoin treasury trend is growing.

Last week, Glassnode lead analyst James Check raised concerns over the longevity of the corporate Bitcoin treasury strategy, arguing the easy gains might already be gone for new entrants as the market matures.

The warning echoes recent comments from Matthew Sigel, head of digital asset research at VanEck, who has voiced concerns over the Bitcoin treasury strategies adopted by some publicly traded firms.

The post UK’s Smarter Web Company Acquires $24M Worth of Bitcoin, Holdings Reach 1,000 BTC appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

Shiba Inu Price Prediction: SHIB Bounces 55% From Recent Crash – $1 SHIB Coming Next?
All news

Shiba Inu Price Prediction: SHIB Bounces 55% From Recent Crash – $1 SHIB Coming Next?

14.10.2025
0

Q4 is going to be insane for memecoins. This is not me saying it; investors’ price prediction has been pointing...

Read moreDetails
BNB on Watch? China Renaissance Targets $600M for Massive US-Listed Treasury Vehicle

BNB on Watch? China Renaissance Targets $600M for Massive US-Listed Treasury Vehicle

13.10.2025
South Koreans Poured $1.24B Into US Tech, Crypto During the Korean Thanksgiving

South Koreans Poured $1.24B Into US Tech, Crypto During the Korean Thanksgiving

13.10.2025
Hyperliquid Goes Permissionless with HIP-3 Challenging CEX — But Entry Costs 500,000 HYPE

Hyperliquid Goes Permissionless with HIP-3 Challenging CEX — But Entry Costs 500,000 HYPE

13.10.2025
Strategy Boosts Bitcoin Holdings to 640,250 BTC After $27.2M Purchase

Strategy Boosts Bitcoin Holdings to 640,250 BTC After $27.2M Purchase

13.10.2025
Load More
Next Post
Why Is Crypto Up Today? – July 7, 2025

Why Is Crypto Up Today? – July 7, 2025

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Central Bank of Nigeria Lifts Ban on Banks and Crypto Companies Interaction

Central Bank of Nigeria Lifts Ban on Banks and Crypto Companies Interaction

2 years ago
Binance Launches Crypto Payments on French Riviera

Binance Launches Crypto Payments on French Riviera

3 months ago
OKB Soars Nearly 170% in an Hour After OKX Announces 65M Token Burn

OKB Soars Nearly 170% in an Hour After OKX Announces 65M Token Burn

2 months ago
Economist Timothy Peterson Warns US Price Cuts Delay May Set off Market Downturn

Economist Timothy Peterson Warns US Price Cuts Delay May Set off Market Downturn

7 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

The Big Bitcoin Short: This guy made $200M timing Trump’s tariff post perfectly

South Koreans Poured $1.24B Into US Tech, Crypto During the Korean Thanksgiving

Hyperliquid Goes Permissionless with HIP-3 Challenging CEX — But Entry Costs 500,000 HYPE

Strategy Boosts Bitcoin Holdings to 640,250 BTC After $27.2M Purchase

Why Is Crypto Up Today? – October 13, 2025

Fast Food Chain Steak ‘n Shake Halts Ether Payment Plan After Bitcoin Fans Push Back

Trending

Shiba Inu Price Prediction: SHIB Bounces 55% From Recent Crash – $1 SHIB Coming Next?
All news

Shiba Inu Price Prediction: SHIB Bounces 55% From Recent Crash – $1 SHIB Coming Next?

14.10.2025
0

Q4 is going to be insane for memecoins. This is not me saying it; investors’ price prediction...

XRP’s beta to Bitcoin spikes 2.5x after $19B liquidation flush

XRP’s beta to Bitcoin spikes 2.5x after $19B liquidation flush

13.10.2025
BNB on Watch? China Renaissance Targets $600M for Massive US-Listed Treasury Vehicle

BNB on Watch? China Renaissance Targets $600M for Massive US-Listed Treasury Vehicle

13.10.2025
The Big Bitcoin Short: This guy made $200M timing Trump’s tariff post perfectly

The Big Bitcoin Short: This guy made $200M timing Trump’s tariff post perfectly

13.10.2025
South Koreans Poured $1.24B Into US Tech, Crypto During the Korean Thanksgiving

South Koreans Poured $1.24B Into US Tech, Crypto During the Korean Thanksgiving

13.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz