Smarter Web Company Goes All In On Bitcoin, Joins London's BTC Treasury Frenzy!

Holy crypto craze, Batman! Smarter Web Company is cranking up its BTC treasury game as more and more London-listed firms jump on the Bitcoin bandwagon!

Listen up, folks! London's big shots are going wild for Bitcoin (BTC) in their treasuries. On Tuesday, July 1, Smarter Web Company dropped a cool $25 million on 230.05 more bitcoins. That's right, they're now sitting pretty with a total of 773.58 BTC in their stash!

The Smarter Web Company (#SWC $TSWCF $3M8.F) just dropped a bombshell RNS announcement: "Bitcoin Purchase. We're buying more Bitcoin as part of our epic 'The 10 Year Plan' to keep stacking those sats, baby!"

Hold onto your hats, because this latest buy is just part of their master plan to skyrocket their BTC holdings. Just last week on June 24, these UK web design wizards scooped up another 196 BTC. They're not messing around!

It's not just Smarter Web Company getting in on the action. More and more small companies are jumping into Bitcoin to make themselves irresistible to investors. Smarter Web started as a web design firm, but now they're all about that BTC life!

Their strategy is paying off big time, boosting their share price from a measly £4.5 in April to a mind-blowing £500 peak in June. But hold up, they've also taken a 50% hit since that high. It's a wild ride, folks!

London-listed firms join Bitcoin treasury race

Get this, several London-listed firms are diving headfirst into their own Bitcoin treasuries, no matter what their main gig is. Take AI services firm Tao Alpha, for example. They're looking to raise a whopping £100 million from investors to go all-in on Bitcoin!

But wait, there's more! Even Panther Metals, a natural resources company, got in on the action, snagging one whole Bitcoin. Their shares shot up 81% in June, even though they reported a £2.2 million loss in 2024. Talk about a rollercoaster!

Bitcoin treasuries are like catnip for traders looking to juice up a company's stock price. But hold your horses, most of these firms are small-time players and loss-makers with tiny trading volumes. That means their share prices can blast off faster than a SpaceX rocket, but they're also prone to some serious nosedives. Buckle up, it's gonna be a bumpy ride!