Close Menu
Breaking News in Technology & Business – Tech Geekwire

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    No title available in the provided content

    July 4, 2025

    No title available in the original content

    July 4, 2025

    Amazon.com, Inc. Stock Analysis and Recent News

    July 4, 2025
    Facebook X (Twitter) Instagram
    Breaking News in Technology & Business – Tech GeekwireBreaking News in Technology & Business – Tech Geekwire
    • New
      • Amazon
      • Digital Health Technology
      • Microsoft
      • Startup
    • AI
    • Corporation
    • Crypto
    • Event
    Facebook X (Twitter) Instagram
    Breaking News in Technology & Business – Tech Geekwire
    Home » Smarter Web Company Boosts Bitcoin Holdings as Global Firms Follow Suit
    Crypto

    Smarter Web Company Boosts Bitcoin Holdings as Global Firms Follow Suit

    techgeekwireBy techgeekwireJune 20, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email

    Smarter Web Company, a U.K.-based web services firm, has announced the purchase of an additional 74.27 Bitcoin, valued at approximately $7.7 million, bringing its total reserves to 242.34 BTC, worth around $25 million. This latest acquisition was made at an average price of $109,256 per BTC, with the company’s overall average purchase price standing at $107,002.

    The purchase is part of Smarter Web Company’s “10-year plan,” a treasury strategy that involves ongoing Bitcoin acquisitions. This strategy was implemented in April 2025, shortly after the company went public through a reverse merger and listed on the Aquis Stock Exchange. The firm, which has been accepting Bitcoin payments since 2023, now boasts a market capitalization exceeding £377.74 million.

    Smarter Web Company Bitcoin purchase
    Smarter Web Company Bitcoin purchase

    Smarter Web Company is among several global firms expanding their Bitcoin holdings. Trump’s Media & Technology Group plans to raise $2.5 billion to purchase BTC using a mix of equity and debt, while GameStop has raised $1.75 billion for crypto asset acquisition. This trend, pioneered by Michael Saylor, involves companies leveraging their balance sheets to invest in Bitcoin, potentially boosting investor interest in their stock.

    The strategy appears to be gaining traction across various industries, with companies unrelated to cryptocurrency also investing heavily in BTC. As corporate interest in Bitcoin reaches new heights, firms like Smarter Web Company are positioning themselves as significant players in the digital asset space.

    Bitcoin BTC holdings corporate investment cryptocurrency Smarter Web Company
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    techgeekwire
    • Website

    Related Posts

    No title available in the provided content

    July 4, 2025

    No title available in the original content

    July 4, 2025

    Amazon.com, Inc. Stock Analysis and Recent News

    July 4, 2025

    No title available due to unintelligible content

    July 4, 2025

    Tech Industry Rocked by ‘Multiple Job Holder’ Controversy

    July 4, 2025

    NiaHealth Revolutionizes Proactive Healthcare with Clinician-Led Platform

    July 4, 2025
    Leave A Reply Cancel Reply

    Top Reviews
    Editors Picks

    No title available in the provided content

    July 4, 2025

    No title available in the original content

    July 4, 2025

    Amazon.com, Inc. Stock Analysis and Recent News

    July 4, 2025

    No title available due to unintelligible content

    July 4, 2025
    Advertisement
    Demo
    About Us
    About Us

    A rich source of news about the latest technologies in the world. Compiled in the most detailed and accurate manner in the fastest way globally. Please follow us to receive the earliest notification

    We're accepting new partnerships right now.

    Email Us: info@example.com
    Contact: +1-320-0123-451

    Our Picks

    No title available in the provided content

    July 4, 2025

    No title available in the original content

    July 4, 2025

    Amazon.com, Inc. Stock Analysis and Recent News

    July 4, 2025
    Categories
    • AI (2,693)
    • Amazon (1,056)
    • Corporation (990)
    • Crypto (1,130)
    • Digital Health Technology (1,079)
    • Event (523)
    • Microsoft (1,226)
    • New (9,561)
    • Startup (1,164)
    © 2025 TechGeekWire. Designed by TechGeekWire.
    • Home

    Type above and press Enter to search. Press Esc to cancel.