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Smarter Web Raises £19.7M and Buys 225 BTC, Lifting Treasury to 2,050 Coins

Under its ‘10 Year Plan,’ the firm has secured sky-high returns on its reserves that carry no UK regulatory protection.

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Uk’s smarter web company buys 225 bitcoin, boosts treasury to 2,050 btc

Overview

  • Smarter Web executed a £19.7 million equity raise on July 28 to finance its Bitcoin treasury expansion.
  • On July 30, the UK-listed firm bought 225 BTC at roughly £88,482 per coin, lifting its total to 2,050 BTC valued at over £166.7 million.
  • Its Bitcoin holdings have returned 49,198% year-to-date and 224% over the past 30 days under its systematic “10 Year Plan.”
  • The company ranks as the 25th largest corporate Bitcoin holder globally, according to Bitcoin Treasuries data.
  • Smarter Web emphasizes that its BTC reserves fall outside FCA oversight and lack Financial Services Compensation Scheme protection.