UK The Smarter Web Company acquires 50 more Bitcoin, total BTC holdings surpass 2,100
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- UK-listed The Smarter Web Company recently announced that it has additionally acquired 50 Bitcoin at an average price of £86,650 per BTC.
- With this, the company's total Bitcoin holdings have reached 2,100, with an average purchase price of £81,472.
- The Smarter Web Company stated that it is pursuing a Bitcoin treasury strategy alongside M&A and organic growth strategies.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
London-listed technology company The Smarter Web Company announced that it has acquired an additional 50 Bitcoin (BTC).
On the 8th (local time), The Smarter Web Company stated in an official announcement, "We continue to pursue a Bitcoin-focused treasury strategy," and added, "The company has purchased a total of 50 Bitcoin at an average price of £86,650 ($116,276) per 1BTC."
With this acquisition, The Smarter Web Company's total Bitcoin holdings have reached 2,100 BTC. The average purchase price stands at £81,472 ($109,327).
The company explained, "Bitcoin is an asset poised to become central to the global financial system, and we are complementing our M&A and organic growth strategies with a Bitcoin treasury strategy."
Meanwhile, The Smarter Web Company is a technology-based firm providing web design, web development, and online marketing services and has officially introduced Bitcoin payment and enhanced related strategies since 2023.
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