Bitcoin Purchase
The Smarter Web Company PLC has purchased an additional 10 Bitcoin for £672,097, bringing their total holdings to 2,674 Bitcoin with an average purchase price of £82,800 per Bitcoin. The company's treasury policy includes ongoing Bitcoin acquisition as part of its "10 Year Plan." Despite a Quarter-to-Date BTC Yield of -0.46%, the company remains exposed to Bitcoin, acknowledging its high-risk, unregulated nature and potential for volatility.
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| The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF | FRA: 3M8) 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: 10 Bitcoin
- Average Purchase Price: £67,210 per Bitcoin ($90,289 per Bitcoin)
- Amount Purchased: £672,097
- Total Bitcoin Holdings: 2,674 Bitcoin
- Total Average Purchase Price: £82,800 per Bitcoin ($111,232 per Bitcoin)
- Total Amount Purchased: £221,405,866
- The Company has achieved a Quarter-to-Date BTC Yield* of -0.46% on its treasury
* As defined below
Visit our website: https://www.smarterwebcompany.co.uk
Follow us on X: https://x.com/smarterwebuk
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.