CryptoMediaClub
Sunday, June 7, 2026
  • 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

CPI on June 10 and the FOMC on June 17, Bitcoin’s Next Big Move Will Be Decided in the Next 7 Days
All news

CPI on June 10 and the FOMC on June 17, Bitcoin’s Next Big Move Will Be Decided in the Next 7 Days

07.06.2026
0

The two macro events that will define Bitcoin’s second-half trajectory land within seven days of each other: May CPI on...

Read moreDetails
SpaceX and Mega IPOs Fuel Crypto Sell-off: Is Retail Moving Away From Bitcoin?

SpaceX and Mega IPOs Fuel Crypto Sell-off: Is Retail Moving Away From Bitcoin?

07.06.2026
JPMorgan, Citi, and Bank of America Just Built a Tokenized Payment Network to Kill Stablecoins

JPMorgan, Citi, and Bank of America Just Built a Tokenized Payment Network to Kill Stablecoins

06.06.2026
Ethereum News Today: BitMine to Raise $300M in Preferred Stock to Buy ETH

Ethereum News Today: BitMine to Raise $300M in Preferred Stock to Buy ETH

05.06.2026
Arthur Hayes Just Dumped His Entire Zcash Position After a Bug That Could Have Allowed Counterfeit ZEC for 4 Years

Arthur Hayes Just Dumped His Entire Zcash Position After a Bug That Could Have Allowed Counterfeit ZEC for 4 Years

05.06.2026
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

ESMA Pushes for Delisting of Non-MiCA Compliant Stablecoins, Units Q1 2025 Deadline

ESMA Pushes for Delisting of Non-MiCA Compliant Stablecoins, Units Q1 2025 Deadline

1 year ago
S Korean Prosecutors Arrest High Crypto Market Maker on Contemporary ‘Rip-off Coin’ Wrap

S Korean Prosecutors Arrest High Crypto Market Maker on Contemporary ‘Rip-off Coin’ Wrap

1 year ago
Australian Securities Exchange Drops Blockchain Adoption Plans

Australian Securities Exchange Drops Blockchain Adoption Plans

3 years ago
Bitcoin’s next risk is hiding in the gap between debt and liquidity

Bitcoin’s next risk is hiding in the gap between debt and liquidity

1 month ago

Categories

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

Highlights

A needed $900B Treasury cash rebuild could quietly drain the liquidity Bitcoin needs

SpaceX and Mega IPOs Fuel Crypto Sell-off: Is Retail Moving Away From Bitcoin?

Hyperliquid’s UK warning reveals the regulatory test behind its Wall Street push

AI’s $800 billion spending boom is becoming Bitcoin’s Fed problem

May jobs report explained: Why 172,000 jobs means higher rates, pricier loans, and a Bitcoin drop

JPMorgan, Citi, and Bank of America Just Built a Tokenized Payment Network to Kill Stablecoins

Trending

DeFi’s old hack vectors are fading – But the new risk can hit six chains at once
Analysis

DeFi’s old hack vectors are fading – But the new risk can hit six chains at once

07.06.2026
0

Decentralized finance has gotten a lot safer over the past six years, and a new review of...

AI’s power race is shifting leverage from chipmakers like NVIDIA to the grid

AI’s power race is shifting leverage from chipmakers like NVIDIA to the grid

07.06.2026
CPI on June 10 and the FOMC on June 17, Bitcoin’s Next Big Move Will Be Decided in the Next 7 Days

CPI on June 10 and the FOMC on June 17, Bitcoin’s Next Big Move Will Be Decided in the Next 7 Days

07.06.2026
A needed $900B Treasury cash rebuild could quietly drain the liquidity Bitcoin needs

A needed $900B Treasury cash rebuild could quietly drain the liquidity Bitcoin needs

07.06.2026
SpaceX and Mega IPOs Fuel Crypto Sell-off: Is Retail Moving Away From Bitcoin?

SpaceX and Mega IPOs Fuel Crypto Sell-off: Is Retail Moving Away From Bitcoin?

07.06.2026
  • 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