Bitcoin Purchase
Company purchased 83 Bitcoin for £5.2m as part of its 10 Year Plan treasury policy.
- Bitcoin Purchased 83 Bitcoin
- Amount Purchased £5,202,111
- Average Purchase Price £62,676 per Bitcoin
- Total Bitcoin Holdings 2,830 Bitcoin
- Net Bitcoin Purchases (cumulative) £232,001,082
- Quarter-to-Date BTC Yield 1.98%
Select text to share a quote on X · sign in to keep highlights & notes in your SWC notes
The Smarter Web 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: 83 Bitcoin
Average Purchase Price: £62,676 per Bitcoin
Amount Purchased: £5,202,111
Total Bitcoin Holdings: 2,830 Bitcoin
Net Average Purchase Price: £81,979 per Bitcoin
Gross Bitcoin Purchases: £240,747,000
Gross Bitcoin Sales: £8,745,918
Net Bitcoin Purchases: £232,001,082
The Company has achieved a Quarter-to-Date BTC Yield* of 1.98% on its treasury
* As defined below
Coinbase Strategic Credit Facility
The Company has applied some of the net proceeds from the recent fundraise of the preferred shares, announced on 12 October 2026, to reduce the outstanding amount under its strategic credit facility with Coinbase. Following the Bitcoin purchase, announced today, total drawings under the facility will decrease from approximately £17 million to approximately £16 million.
The Company continually reviews its capital allocation priorities and will continue to provide updates on any material drawdowns or repayments in future regulatory announcements. The loan remains secured against the Company’s existing Bitcoin holdings and is repayable without additional charges at the Company’s discretion.
Follow the Company on X: https://x.com/smarterwebuk
The Smarter Web Company's Legal Entity Identifier (LEI) is 213800VQO9FUG4PZMP73.
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.