The Smarter Web Company PLC Expands Bitcoin Holdings with £1.85M Purchase as Part of “10 Year Plan”
In a bold strategic move, The Smarter Web Company PLC, a UK-listed technology and digital services provider, has ramped up its commitment to Bitcoin by purchasing an additional 23.09 BTC for £1.85 million (approximately $2.48 million). This latest acquisition underscores the company’s growing confidence in digital assets and forms a critical pillar of its long-term “10 Year Plan.”
Strategic Bitcoin Investment
Announced on May 23, the new investment brings The Smarter Web Company’s total Bitcoin holdings to 58.71 BTC, acquired at an average price of £77,326 ($103,671) per BTC. The most recent purchase was made at a slightly higher average of £80,126 ($107,424) per BTC, highlighting the company’s willingness to buy into the asset even as it approaches new all-time highs.
In total, the firm has now invested around £4.54 million into Bitcoin, further solidifying its position as one of the growing number of public companies integrating digital assets into their treasury strategy.
Part of a Broader Digital Asset Vision
The move is not just a one-off buy. It aligns with Smarter Web’s broader “10 Year Plan,” which includes a focused digital asset treasury strategy built primarily around Bitcoin. Since 2023, the company has even started accepting Bitcoin as a form of payment for its services—showing clear intent to normalize the asset within its business operations.
Industry Trend: Corporate Bitcoin Adoption Accelerates
Smarter Web’s Bitcoin investment follows a growing trend among publicly listed companies, particularly in the UK and U.S., that are expanding their crypto portfolios.
Just last month, UK-based Abraxas Capital made headlines with a massive 3,000 BTC acquisition valued at over $250 million—a clear signal of institutional appetite for crypto exposure. On the other side of the Atlantic, U.S. firm Strategy added 7,390 BTC in mid-May, bringing its colossal holdings to over 576,000 BTC.
A Late but Calculated Entry?
While Smarter Web’s move comes after Bitcoin’s recent surge to new all-time highs, it reflects a calculated, long-term outlook. The company appears less concerned with short-term volatility and more focused on the strategic role Bitcoin could play over the next decade.
As more firms join the crypto fold, Smarter Web’s treasury strategy may soon become the rule rather than the exception.
Stay tuned for more updates on corporate crypto adoption and strategic digital asset investments.
