UK-based web design firm The Smarter Web Company announced that it has increased its total Bitcoin holdings to 1,825 BTC by purchasing an additional 225 BTC as part of its digital transformation strategy, focusing on creating a Bitcoin treasury.
British Web Design Company The Smarter Web Company Increases Its Bitcoin Holdings to 1,825 BTC
The company’s spend on this acquisition was approximately $26.4 million (£19.6 million).
According to the company’s statement today, the latest purchase was made at an average price of $118,076/BTC. The average cost of all BTC purchases was $109,088/BTC. The company also holds approximately $1.3 million in cash reserves to direct towards Bitcoin investments.
With a total holding of 1,825 BTC, The Smarter Web Company has risen to 26th place among publicly traded companies worldwide, according to Bitcointreasuries.net data.
In its first half financial report for 2025, published on the same day, 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.
The company’s CEO, Andrew Webley, said the following in his statement on the subject:
“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.”
Webley also emphasized that the company went public on the London-based Aquis Stock Exchange on April 25, 2025, raising more than £100 million in equity capital in the process and having no debt.
This development is interpreted as an indication that institutional actors in the UK are increasingly considering Bitcoin as a primary reserve asset.
*This is not investment advice.