{"id":4623,"date":"2025-07-01T13:30:30","date_gmt":"2025-07-01T13:30:30","guid":{"rendered":"https:\/\/bitunikey.com\/news\/uk-based-smarter-web-company-acquires-additional-230-05-bitcoins-for-25-million\/"},"modified":"2025-07-01T13:30:39","modified_gmt":"2025-07-01T13:30:39","slug":"uk-based-smarter-web-company-acquires-additional-230-05-bitcoins-for-25-million","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/uk-based-smarter-web-company-acquires-additional-230-05-bitcoins-for-25-million\/","title":{"rendered":"UK-based Smarter Web Company acquires additional 230.05 bitcoins for $25 million"},"content":{"rendered":"
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Smarter Web Company is expanding its BTC treasury strategy as more and more London-listed firms join. <\/p>\n

London-listed companies are increasingly expanding their Bitcoin (BTC) treasury strategies. On Tuesday, July 1, the Smarter Web Company acquired an additional 230.05 bitcoins for $25 million. The move puts its total Bitcoin treasury holdings at 773.58 BTC.<\/p>\n

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The Smarter Web Company (#SWC<\/a> $TSWCF<\/a> $3M8.F) RNS Announcement: Bitcoin Purchase.<\/p>\n

Purchase of additional Bitcoin as part of “The 10 Year Plan” which includes an ongoing treasury policy of acquiring Bitcoin.<\/p>\n

Please read the RNS on our website: https:\/\/t.co\/z59Xf4o42m<\/a> pic.twitter.com\/uLYsn79gLt<\/a><\/p>\n

\u2014 The Smarter Web Company (@smarterwebuk) July 1, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

The company revealed that the acquisition is part of its \u201cThe 10 Year Plan\u201d to expand its BTC holdings exponentially. The last purchase came on June 24, when the UK-based web design firm purchased another 196 BTC. <\/p>\n

The purchase is part of a growing trend where smaller companies are diversifying into Bitcoin to become more attractive to investors. Specifically, Smarter Web Company is originally a web design firm that has since moved into BTC. <\/p>\n

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Smarter Web Company stock price and trading volume | Source: Aquis<\/a><\/figcaption><\/figure>\n

The strategy was successful, bringing its share price from \u00a34.5 in April to a peak of \u00a3500<\/a> in June. Still, the firm has also shed 50% of its value since its peak. <\/p>\n

London-listed firms join Bitcoin treasury race<\/h2>\n

Several London-listed firms are launching their own Bitcoin treasuries<\/a>, irrespective of their core business. For instance, AI services firm Tao Alpha announced plans to raise \u00a3100 million from investors to buy Bitcoin. <\/p>\n

Tech firms are not the only companies entering the race. Panther Metals, a natural resources company, announced that it had bought one Bitcoin. The firm\u2019s shares were up 81% in June, despite it reporting a \u00a32.2 million loss in 2024. <\/p>\n

Bitcoin treasuries seem an attractive way for firms to make traders interested in their stock price. Still, according to FT, most of these firms are small-cap and loss-makers, with very small trading volumes. This means that their share price can take off very quickly. However, the firms are also susceptible to major corrections. <\/p>\n

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