Smarter Web Company Increases Bitcoin Holdings to 1,275 BTC as Crypto Reaches All-Time High

Smarter Web Company Significantly Expands Bitcoin Reserves

The Smarter Web Company, a prominent London-listed Bitcoin treasury specialist, has further strengthened its position in the digital asset market by acquiring an additional 275 BTC. This major purchase brings the company’s total Bitcoin reserves to an impressive 1,275 BTC, coinciding with Bitcoin’s surge to a new all-time high.

Latest Acquisition and Investment Strategy

On July 11, Smarter Web Company announced its latest purchase of 275 BTC at an average price of £79,563 ($108,182) per coin—an investment totaling approximately £21.88 million. This strategic acquisition follows the firm’s earlier procurement on July 7, where it added 226.42 BTC, raising its Bitcoin holdings to the significant milestone of 1,000 BTC at that time.

Currently, the company has invested a cumulative £100.1 million into Bitcoin, with an average acquisition price of £78,516 ($106,719) per BTC. These decisive moves underscore Smarter Web Company’s commitment to leveraging Bitcoin’s potential as a core treasury asset.

Exceptional Bitcoin Yield and Treasury Growth

Following these recent investments, the Smarter Web Company has seen its year-to-date BTC yield soar to 31,263%, up from 26,242% prior to the latest acquisition. In the past 30 days alone, the company reported a BTC yield of 497%, reflecting the robust momentum in the cryptocurrency market as Bitcoin reached a new peak of $118,000.

Furthermore, Smarter Web Company maintains approximately £31 million in cash reserves, which it plans to allocate strategically for additional Bitcoin purchases based on favorable market conditions.

Bitcoin Treasury Strategy and Long-Term Vision

Since embracing Bitcoin payments in early 2023, Smarter Web Company has actively advanced its treasury strategy. In April 2024, it formally adopted a Bitcoin-focused approach, channeling surplus cash into Bitcoin and using BTC performance to create shareholder value. The company’s "10 Year Plan" is designed to consistently accumulate Bitcoin, positioning it both as a hedge against currency inflation and as a high-growth digital asset.

Broader Trend of Corporate Crypto Adoption

This bold move aligns with a broader trend, as more European corporations adopt Bitcoin treasury strategies, inspired by pioneers like Michael Saylor. At the same time, other major cryptocurrencies such as Ethereum (ETH), Ripple (XRP), Solana (SOL), and Binance Coin (BNB) are beginning to feature in corporate treasury portfolios, signifying growing confidence in digital assets as a vital part of modern financial management.