Overview

• The London-listed firm spent £9,076,366 (about $12.1 million) to buy 100 BTC at an average £90,764 per coin under its stated 10-year plan.
• Total holdings stand at 2,650 BTC valued near £219.6 million as of Oct. 13, with the company citing a 57,718% year-to-date BTC gain and a 0.58% quarter-to-date yield.
• Shares fell 3.37% to 89.96p on the day and sit nearly 80% below the June 2025 peak around £5, trading below the reported £1.21 market NAV.
• Smarter Web has been accumulating in recent weeks, including a 25 BTC purchase on Oct. 7, as it continues to build its Bitcoin treasury.
• Corporate Bitcoin treasuries have become widespread, with reporting indicating 346 entities hold roughly 3.91 million BTC, reducing the market impact of individual buys.