Summary
- The Smarter Web Company in the UK recently announced that it purchased an additional 39.52 Bitcoins for approximately $4.15 million.
- With this purchase, the company reported its total Bitcoin holdings have increased to 122.76 BTC.
- The Smarter Web Company reaffirmed its plan to continue purchasing Bitcoin over the next 10 years.
The UK company The Smarter Web Company (SWC) recently announced that it has purchased additional Bitcoin.
On the 5th, The Smarter Web Company stated via X (formerly Twitter), "We recently made an additional purchase of 39.52 BTC for approximately $4.15 million (about ₩5.73 billion)." As a result, the company's total Bitcoin holdings have increased to 122.76 BTC.
Previously, the company revealed it would continue to purchase additional Bitcoin over the next 10 years as part of its corporate financial strategy.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.![[Market] Bitcoin drops intraday to the $72,000 level… debate over 'safe-haven credibility' reignited](https://media.bloomingbit.io/PROD/news/e3aeb7f7-851b-4479-bfd0-77d83a3b7583.webp?w=250)
