CatalystWireBeta

Bitcoin Purchase

In brief · summary, not quotable

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%
Full announcement

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.

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note