UK-based The Smarter Web Company has announced an increase in its total Bitcoin holdings to 1,825 BTC as part of its digital transformation strategy.
Additional Bitcoin Purchase
The company spent approximately $26.4 million (£19.6 million) to acquire an additional 225 BTC. The latest purchase was made at an average price of $118,076/BTC. The average cost of all BTC purchases was $109,088/BTC.
Company's Financial Results
In its first-half financial report for 2025, the company reported a loss of $968,640 (£719,566) as of April 30. The loss for the same period last year was $501,605.
CEO's Opinion
CEO Andrew Webley stated, 'We believe that Bitcoin is the best asset the world has ever seen, alongside our core business. Therefore, we are investing the capital we hold for our future business needs in Bitcoin.'
With a total holding of 1,825 BTC, The Smarter Web Company has risen to 26th place among publicly traded companies worldwide, indicating increasing interest from institutional players in the UK towards Bitcoin.