Smarter Web, Britain’s biggest Bitcoin hoarder, has decided to get its teeth into the competition. Their boss, the ever-scheming Andrew Webley, is on the prowl-sniffing out rivals who look like they’ve lost their marbles and might be ready to sell their precious crypto stash for peanuts at a fire-sale discount. Mwahaha! 🤑
“Treasure chests beware! It’s player vs player now. Blood, sweat, and probably some tears in the competition for investor gold.”
According to the Financial Times-always ready with a juicy scoop-our cunning CEO Webley openly admits he’s eyeballing those down-and-out rivals. Why? To gobble up their Bitcoin hoards at knockdown prices, of course-the kind of bargain that would make any savvy dragon hoarder green with envy.
The plan? To pump up Smarter Web’s Bitcoin treasury until it bursts like a well-fed blimp. Why? Because while Bitcoin itself only sneezed and dropped 4%, Smarter Web’s shares took a spectacular nosedive straight off a cliff, tumbling 35.5%. And that’s just last month!
Welcome to the Jungle: The Crypto Battlefield
While Bitcoin politely dipped its toe in the water, Smarter Web’s stock did a full belly flop-plummeting 35.5%, including a stomach-churning 22% drop in just one day last Friday! Investors looked on and thought, “Eeek! What in the mining rig just happened?!”
This tumbling stock price isn’t just a bad hair day; it’s a neon sign flashing “Investor nerves = jelly.” The steely fortress of treasury vehicles is suddenly more wobbly than a jelly on a roller coaster, and it’s shaking regardless of Bitcoin’s own price hopping about.
Webley’s timing is impeccable, coinciding with dire warnings from the Coinbase brainiacs, David Duong and Colin Basco. They say this game has turned into “player vs player,” a ruthless gladiatorial arena where only the craftiest and toughest will survive. Think less playground fun, more Hunger Games ⚔️.
These crypto warriors predict the market will soon be crammed like a clown car, with far too many Bitcoin hoarders fighting over the same pot of gold. Spoiler alert: not all will live to see the next bull run.
Meanwhile, the wise wizards at Standard Chartered, led by Geoffrey Kendrick, chimed in back in June with a sharp warning. They say the glittering ‘premium’ these Bitcoin treasury companies enjoy over their actual crypto stash is about as stable as a chocolate teapot. Especially now that buying Bitcoin through regulated ETFs and ETNs is becoming easier than sneaking a biscuit before dinner.
Kendrick gloomily predicts that if Bitcoin takes a tumble below $90,000, half the Bitcoin treasury companies might find themselves drowning in their own digital gold. Now that’s a nightmare for any crypto pirate! 🏴☠️
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2025-09-12 23:16