{"id":10628,"date":"2025-09-12T20:21:32","date_gmt":"2025-09-12T20:21:32","guid":{"rendered":"https:\/\/bitunikey.com\/news\/smarter-web-eyes-distressed-rivals-as-uk-bitcoin-treasury-race-tightens\/"},"modified":"2025-09-12T20:21:37","modified_gmt":"2025-09-12T20:21:37","slug":"smarter-web-eyes-distressed-rivals-as-uk-bitcoin-treasury-race-tightens","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/smarter-web-eyes-distressed-rivals-as-uk-bitcoin-treasury-race-tightens\/","title":{"rendered":"Smarter Web eyes distressed rivals as UK Bitcoin treasury race tightens"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Smarter Web, the U.K.\u2019s largest BTC holder, is going on the offensive. CEO Andrew Webley is eyeing distressed rivals, seeking to aggressively expand its war chest at a potential fire-sale discount.<\/p>\n<div id=\"cn-block-summary-block_9319778fd558d3e2d9b0700288099746\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Smarter Web\u2019s CEO Andrew Webley considers buying struggling rivals to boost BTC holdings at discounts.<\/li>\n<li>Company stock plunged 35.5% in a month, far underperforming Bitcoin\u2019s 4% drop.<\/li>\n<li>Coinbase warns treasury firms face \u201cplayer vs player\u201d competition for investor capital.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to a recent Financial Times <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/a8ecef46-a8de-4f1f-a1be-d29505d406d2\" target=\"_blank\" rel=\"nofollow\">report<\/a>, Andrew Webley, CEO of The Smarter Web Company, confirmed his firm is actively considering the acquisition of struggling competitors.<\/p>\n<p>The primary objective is a strategic expansion of its Bitcoin (BTC) treasury by potentially purchasing BTC holdings at a significant discount to market value. This move comes amid a sharp decline in the company\u2019s own stock price, which has dramatically underperformed Bitcoin over the past month.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Navigating a high-stakes battlefield<\/strong><\/h2>\n<p>Smarter Web\u2019s stock performance has starkly decoupled from the asset it holds. While Bitcoin declined just over 4% in the past month, the company\u2019s share price plummeted approximately 35.5%, including a nearly 22% single-day drop on Friday.<\/p>\n<p>The significant underperformance highlights a critical vulnerability: investor sentiment toward treasury vehicles is becoming increasingly fragile, independent of Bitcoin\u2019s own price action.<\/p>\n<p>The timing of Webley\u2019s maneuver aligns with a sobering warning from Coinbase researchers that the sector is entering a brutal \u201cplayer vs player\u201d stage. Head of research David Duong and researcher Colin Basco recently <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/assets.ctfassets.net\/k3n74unfin40\/5ySHPvEyMQ3j1NRz4cR84L\/8ee2f2270b207f4ccd5171624bc34283\/Monthly_Sept_2025.09.pdf\" target=\"_blank\" rel=\"nofollow\">stated<\/a> that crypto-buying public companies will now compete far more fiercely for investor capital.<\/p>\n<p>They predict that while a handful of \u201cstrategically positioned players will thrive,\u201d the market segment is quickly becoming oversaturated, implying many of these treasuries will not survive long term.<\/p>\n<p>Meanwhile, back in June, analysts at Standard Chartered, led by Geoffrey Kendrick, issued a prescient warning about the inherent risks of the Bitcoin treasury model. Kendrick cautioned that the premium at which these companies trade relative to their underlying BTC holdings is unsustainable, especially as access to Bitcoin through regulated ETFs and ETNs becomes easier. He ominously suggested that a drop below $90,000 could put half of all Bitcoin treasury companies underwater on their holdings.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Smarter Web, the U.K.\u2019s largest BTC holder, is going on the offensive. CEO Andrew Webley is eyeing distressed rivals, seeking to aggressively expand its war chest at a potential fire-sale&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4215,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=10628"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10628\/revisions"}],"predecessor-version":[{"id":10629,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10628\/revisions\/10629"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4215"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=10628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=10628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=10628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}