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Smarter Web Company Reaches 2,395 Bitcoin Holdings After 295-Coin Purchase

It supports the company’s decade-long treasury plan after issuing a fully subscribed Bitcoin-denominated convertible bond.

The smarter web company acquires 295 bitcoin, boosting total holdings to 2,395 btc

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.”