Smarter Web Company Goes Big: Snags 275 More BTC, Total Now at 1,275!

London's Bitcoin Buffs Pump Up Their Crypto Holdings as Prices Soar

Hold onto your hats, crypto fans! The Smarter Web Company just threw another 275 BTC into their treasure chest, rocketing their total to a whopping 1,275 BTC. And guess what? They did it just as Bitcoin smashed through the roof to hit a new all-time high!

Listen up, on July 11, these London-listed Bitcoin enthusiasts announced they snagged that additional 275 Bitcoin at an eye-popping average price of £79,563 ($108,182) per BTC. That's a cool £21.88 million splashed out! Now, with their Bitcoin stash climbing to 1,275 BTC, bought at an average of £78,516 ($106,719) per BTC, we're talking about a total investment of around £100.1 million. These guys are playing for keeps!

And get this, just a few days back on July 7, they nabbed 226.42 more BTC, hitting the 1,000 BTC mark. Big time! Back then, they boasted a year-to-date BTC yield of a mind-blowing 26,242%. But with this latest haul, that yield's shot up to a staggering 31,263%. And with Bitcoin itself flirting with $118,000 and showing no signs of slowing down, it's like watching a rocket launch!

But wait, there's more! They're also sitting on a 30-day BTC yield of 497% and have a war chest of about £31 million ready to throw at more Bitcoin. These folks are not messing around!

Since early 2023, The Smarter Web Company's been all about that Bitcoin life, letting customers pay with it and rolling out their Bitcoin treasury strategy back in April. They're playing the long game, using their "10 Year Plan" to stack up BTC as a shield against currency woes and a bet on growth. Smart move!

And it's not just them; more and more European companies are jumping on the Bitcoin treasury bandwagon, thanks to trailblazers like Michael Saylor. Plus, there's buzz around other cryptos like Ethereum, Ripple, Solana, and Binance Coin for corporate treasuries. The crypto world's heating up, and The Smarter Web Company is right in the thick of it!