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The Smarter Web Company Boosts Bitcoin Treasury to 1,825 BTC

Fueled by debt-free IPO proceeds alongside outsized crypto returns, the firm now ranks among the top 30 public Bitcoin holders.

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Bitcoin
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Overview

  • SWC spent £19.6 million (about $26.4 million) to purchase 225 BTC at an average price of $118,076 per coin.
  • The company holds approximately £1 million in net cash reserves for future Bitcoin acquisitions.
  • Its Bitcoin treasury has delivered a year-to-date yield of 43,787% and a 30-day yield of 189%.
  • SWC reported a net loss of £719,566 for the six months ending April 30, up from a £372,640 loss a year earlier.
  • This latest acquisition secures SWC’s 26th-place ranking among publicly traded Bitcoin holders, according to BitcoinTreasuries.net.