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.