Summary
- The Smarter Web Company in the UK announced an additional purchase of 275 Bitcoins at an average price of $108,182 per BTC.
- With this additional purchase, SWC's total Bitcoin holdings have risen to 1,275 coins, and the cumulative average purchase price is reported to be ₩106,890,000 per BTC.
- SWC stated that, as part of its financial strategy, it plans to purchase additional Bitcoins over the next 10 years.
The British company The Smarter Web Company (SWC) announced that it has additionally purchased 275 Bitcoins.
On the 11th (local time), The Smarter Web Company disclosed that “a total of 275 BTC have recently been purchased at an average price of £79,563 (about $108,182) per BTC.” The total purchase amount is about £21,879,927 (about ₩3.78 billion).
According to the disclosure, SWC's Bitcoin holdings have increased to a total of 1,275 BTC. The cumulative average purchase price stands at £78,516 (about ₩106,890,000) per BTC, and the total investment has now reached approximately £101,008,083 (about ₩174.6 billion).
Previously, the company announced as part of its corporate financial strategy that it plans to purchase additional Bitcoins over the next 10 years.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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