Smarter Web Company Buys 27 More Bitcoin, Lifting Holdings to 2,805 BTC

Source
Minseung Kang

Summary

  • UK-listed Smarter Web Company said it bought an additional 27 BTC, bringing its total holdings to 2,805 BTC.
  • The purchase was made under the company’s 10 Year Plan, which includes a treasury policy of continuing to buy Bitcoin.
  • The company said its sats per share—a measure of Bitcoin holdings per share—stood at 776, while its quarter-to-date Bitcoin yield was 13.98%%.
Photo: Smarter Web Company
Photo: Smarter Web Company

UK-listed Smarter Web Company bought 27 more Bitcoin, extending its long-term holding strategy. The purchase reflects the continuing trend of companies accumulating Bitcoin as a treasury asset.

On May 5, the company wrote on X, formerly known as Twitter, that it had acquired 27 BTC. That increased its total holdings to 2,805 BTC.

The purchase was made under the company’s “10 Year Plan,” which includes a treasury policy of continuing to buy Bitcoin.

Smarter Web Company said its “sats per share,” a measure of Bitcoin holdings per share, stood at 776. Its quarter-to-date Bitcoin yield was 13.98%.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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