Smarter Web Adds $26M in BTC, Holdings Hit 1,825 Bitcoin
The post Smarter Web Adds $26M in BTC, Holdings Hit 1,825 Bitcoin appeared on BitcoinEthereumNews.com.
Key Notes The Smarter Web Company purchased 225 additional BTC, raising total holdings to 1,825 BTC. The company reported a net loss of £719,566 for the six months ending April 30, 2025. SWC is now ranked 26th among publicly traded companies with the largest Bitcoin reserves. Originally known as a website design firm in the United Kingdom, The Smarter Web Company (SWC) has shifted its focus significantly toward cryptocurrency investment. Recently, the company expanded its Bitcoin BTC $115 337 24h volatility: 3.3% Market cap: $2.29 T Vol. 24h: $89.32 B holdings by purchasing an additional 225 BTC, valued at around $25.9 million. The company disclosed the development on Friday, announcing that it had purchased 225 BTC for a total of £19,596,574 (approximately $26.4 million), paying an average price of $118,076 per Bitcoin. This latest acquisition brings the firm’s total Bitcoin holdings to 1,825 BTC, with an average purchase price of $109,088 per coin. SWC has reported a year-to-date Bitcoin yield of an impressive 43,787% on its treasury holdings. Over the past 30 days alone, it has achieved a Bitcoin yield of 189%. The firm currently holds about £1,000,000 in net cash within its treasury, available for future Bitcoin investments. Earlier this month, The Smarter Web Company added 230.05 BTC as part of its transition to a Bitcoin treasury-focused firm. Swc releases interim financial report In its recently released interim financial report, the Bitcoin-focused firm listed on the Aquis Exchange announced a widening of its losses for the six months ending April 30, 2025. The company posted a net loss of £719,566 (around $968,640), a significant increase from the £372,640 ($501,605) loss reported during the same period in the prior year. Andrew Wembley, the Chief Executive Officer of SWC noted, “alongside our core business we believe that Bitcoin is the best…
