In a significant move for institutional adoption, **The Smarter Web Company**, a publicly listed technology firm, has recently expanded its cryptocurrency portfolio by acquiring an additional **16.42 bitcoins**. This transaction, valued at **£1.28 million**, was executed at an average price of **£77,943 per bitcoin**, equivalent to roughly **$104,225.56**. Following this acquisition, the firm’s total bitcoin holdings have risen to **35.62 bitcoins**, representing an aggregate investment of **£2.69 million**.
Since the beginning of 2023, The Smarter Web Company has strategically embraced **bitcoin payments**, integrating cryptocurrency into its overall financial framework. This commitment underscores the growing trend among companies to enhance liquidity and operational efficiency through digital assets. As companies like The Smarter Web Company pave the way, investor interest in **cryptocurrency** continues to escalate, reflecting a broader acceptance of digital formats in mainstream finance.