UK SWC, Additional Purchase of Bitcoin Worth £8.1 Million

Source
YM Lee

Summary

  • The Smarter Web Company in the UK has announced an additional purchase of Bitcoin worth approximately $8.1 million.
  • With this investment, the company’s Bitcoin holdings have reached 2,050 BTC, and the accumulated average purchase price is $110,000.
  • SWC has stated it will maintain its corporate financial strategy of continued Bitcoin acquisition over the next 10 years.

The UK web design firm The Smarter Web Company (SWC) has made an additional purchase of Bitcoin worth $8.1 million.

With this acquisition, The Smarter Web Company’s Bitcoin holdings have increased to 2,050 BTC, and the accumulated average purchase price is approximately $110,000.

SWC has previously stated that, as part of its corporate financial strategy, it plans to continue purchasing BTC over the next 10 years.

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YM Lee

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