UK-based, The Smarter Web Company has acquired 225 Bitcoins (BTC) valued at approximately $26.2 million as per current market price. The announcement was made on Friday, reflecting the company’s continued transition from a traditional web design firm to a bitcoin-focused treasury company.
The 225 BTC were acquired for £19,596,574 ($26.5 million), at an average price of $118,076 per bitcoin. This latest purchase increases the company’s total bitcoin holdings to 1,825 BTC, with the cumulative average purchase price now standing at $109,088 per bitcoin.
Following the transaction, The Smarter Web Company ranks 26th globally among all publicly listed corporate bitcoin holders, according to data from Bitcointreasuries.net. The company also disclosed it has around £1,000,000 ($1.3 million) in net cash remaining in treasury, which it may deploy into further bitcoin purchases.
The announcement was accompanied by the firm’s interim financial report for the six-month period ending April 30, 2025. The company reported a net loss of £719,566 ($968,640), nearly double the £372,640 ($501,605) loss reported in the same period a year earlier.
CEO Andrew Webley reaffirmed the company’s long-term commitment to bitcoin as a strategic asset. “Alongside our core business, we believe that Bitcoin is the best asset the world has ever seen and because of this, we use Bitcoin as a treasury asset for capital being held for future business needs,” Webley said in the report.
The Smarter Web Company was listed on the Aquis Stock Exchange in London on April 25, 2025, and has since aligned its growth strategy closely with bitcoin adoption and accumulation.