- Smarter Web now holds 773 BTC, securing a place among top public firms with bitcoin-focused treasury strategies.
- Global firms shift from fiat to BTC treasuries, seeing bitcoin as a strategic long-term reserve against inflation risk.
Smarter Web Company, a UK-based firm listed on the Aquis Stock Exchange, has raised its Bitcoin reserves to over 773 BTC. On June 25, the company added 230 BTC to its treasury, spending USD 24.6 million. Its total Bitcoin holdings now exceed USD 80 million in market value.
The company began as a provider of web design, hosting, and digital marketing services. Today, it generates income through setup fees, yearly hosting charges, and optional promotional packages. In 2023, Smarter Web expanded its operations by allowing customers to pay in Bitcoin. Since then, it has steadily acquired more BTC, aligning its treasury policy with that of Strategy, the U.S.-based firm led by Michael Saylor.
According to its official disclosures, Smarter Web also holds GBP 38 million (USD 52.2 million) in cash. These funds are reserved for future Bitcoin purchases, forming part of a ten-year plan focused on long-term asset accumulation.Â
With this latest purchase, Smarter Web now ranks 36th among all publicly traded companies with BTC on their balance sheet. It has surpassed firms such as Bitcoin Treasury, Bit Digital, and Coinshares. The company’s ticker symbol, SWC, has seen considerable movement since going public. In the months following its debut, SWC stock rose from USD 0.20 to USD 8.20. Prices later corrected to USD 3.50, where they remain as of the latest update.
The upward trend in corporate Bitcoin holdings is becoming more visible worldwide. Japanese firm Metaplanet recently became the fifth-largest public holder of Bitcoin. In the United States, Anthony Pompliano launched ProCap Financial following a merger between ProCap BTC and Columbus Circle Capital Corp.
In Latin America, MercadoLibre leads the region with 570 BTC, followed by Brazilian firm Méliuz with 596 BTC. Roxom Global, based in Argentina, has accumulated 52.65 BTC to support its plan for a Bitcoin-based stock exchange.