Smarter Web Company Goes All In on Bitcoin, Boosts Holdings by 30%

Tech Firm Adds 24.53 BTC to Treasury, Vows to Stick with '10 Year Plan'

The Smarter Web Company just threw down £2 million, or about $2.7 million, to scoop up 24.54 BTC, beefing up its crypto stash. Each Bitcoin they grabbed was going for around $109,828. These folks aren't messing around with their long-term strategy they're calling 'the 10 year plan.'

Right now, Smarter Web's got a total of 83.24 BTC chilling in their holdings, clocking in at around $8.8 million. They only started stacking sats back in April, but this latest move just pumped their Bitcoin haul up by nearly 30%.

This recent buy-up is a clear sign that Smarter Web is dead set on sticking with their "10 Year Plan." They're all about building a digital asset treasury, and Bitcoin's the star of the show. Heck, they've been taking Bitcoin as payment since early 2023.

"We're not just growing organically here. We're on the hunt to snap up other businesses to grow our client base and rake in more recurring revenue," Smarter Web declared in their statement.

While Bitcoin's dipped a bit, down 0.96% in the last 24 hours, it's still trading at $107,910. It's been a wild ride lately, with BTC dipping 2.78% over the past week after hitting a new all-time high of $111,814 when it broke through the $110k barrier.

Smarter Web's not alone in this Bitcoin-buying frenzy. Companies around the world are jumping on the bandwagon, following the lead of firms like Strategy in the U.S. and Metaplanet in Japan.

Remember last April? Another U.K.-listed company, Abraxas Capital, went big, snagging nearly 3,000 BTC worth $250 million at the time.