Ah, the illustrious Smarter Web Company PLC, a veritable titan of technology and digital services, has decided to dip its dainty toes into the shimmering waters of Bitcoin. With a rather extravagant £1.85 million purchase of 23.09 BTC, they are not merely flirting with digital assets; they are making a full-fledged courtship as part of their grandiose “10 Year Plan.” How romantic! 💘
In a delightful announcement on May 23, the company revealed this latest acquisition, which, if one were to squint at the numbers, amounts to approximately $2.48 million. They must have been feeling particularly generous, as they paid an average of £80,126 (or $107,424) per BTC. One can only imagine the champagne flowing in the boardroom! 🍾
With this latest dalliance, Smarter Web’s total Bitcoin holdings now stand at a respectable 58.71 BTC, accumulated at an average price of £77,326 ($103,671). A total investment of £4.54 million—truly, a sum that would make even the most stoic of accountants swoon! 💸
This audacious move is but a chapter in Smarter Web’s “10 Year Plan,” which, one presumes, is less about planning and more about hoping for the best. Since 2023, they have even taken to accepting Bitcoin as a form of payment. How avant-garde! 🤑
Yet, one must ponder: is Smarter Web merely a latecomer to this glittering soirée? Their grand purchase comes on the heels of Bitcoin’s recent all-time high, as if they were waiting for the perfect moment to waltz in. Meanwhile, Abraxas Capital, another UK-listed darling, made headlines in mid-April by snatching up nearly 3,000 BTC (worth over $250 million at the time). Talk about stealing the spotlight! 🌟
This trend of aggressive accumulation is not confined to the shores of Britain, oh no! Across the pond, U.S. firms are leading the charge, with Strategy recently adding a staggering 7,390 BTC to its balance sheet. One can only imagine the boardroom discussions—“More Bitcoin, less boredom!”
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2025-05-23 16:36