Bitcoin Purchase

In brief · summary, not quotable

Company purchases 50 Bitcoin for £4.3m as part of ongoing treasury acquisition strategy.

Bitcoin Purchased 50 BTC
Average Purchase Price £86,650 per Bitcoin
Amount Purchased £4,332,507
Total Bitcoin Holdings 2,100 BTC
Total Amount Purchased to Date £171,091,407
Net Cash Available for Bitcoin £19,500,000

Full announcement

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The Smarter Web Company (AQUIS: SWC

OTCQB: TSWCF

FRA: 3M8), a London listed technology company, announces the purchase of additional Bitcoin as part of "The 10 Year Plan" which includes an ongoing treasury policy of acquiring Bitcoin. Details are as follows:

Number of Bitcoin Purchased: 50 Bitcoin
Average Purchase Price: £86,650 per Bitcoin ($116,276 per Bitcoin)
Amount Purchased: £4,332,507
Total Bitcoin Holdings: 2,100 Bitcoin
Total Average Purchase Price: £81,472 per Bitcoin ($109,327 per Bitcoin)
Total Amount Purchased: £171,091,407
The Company has achieved a Year-to-Date BTC Yield of 48,273% on its treasury
The Company has achieved a 30 Day BTC Yield of 84% on its treasury
Approximate net cash in treasury available to be deployed into Bitcoin: £19,500,000

Visit our website: https://www.smarterwebcompany.co.uk

The Smarter Web Company CEO Andrew Webley	+44 (0) 117 313 0459
Tennyson Securities Lead Broker Peter Krens	+44(0) 207 186 9030
Peterhouse Capital Limited Aquis Stock Exchange Corporate Adviser Guy Miller Aquis Stock Exchange Corporate Broker Lucy Williams / Duncan Vasey	+44 (0) 207 469 0930

The Directors of the Company accept responsibility for the contents of this announcement.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.