Overview
- The firm bought 295 BTC at an average price of $119,412 per coin, taking its total corporate reserves to 2,395 BTC valued at about $265 million.
- Smarter Web raised $21 million via the UK’s first Bitcoin-denominated convertible bond fully subscribed by asset manager TOBAM, which may convert into roughly 7.7 million new shares.
- Internal calculations show a 55,069% year-to-date gain on its Bitcoin holdings, reflecting sharp returns from disciplined, dip-driven acquisitions.
- The company retains approximately $940,796 in net cash to fund further purchases under its measured accumulation strategy.
- Since adopting Bitcoin payments in 2023, Smarter Web has embedded the cryptocurrency into its core financial framework under a “10 Year Plan.”