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The Smarter Web Company (AQUIS: SWC), a London-listed tech firm, has expanded its cryptocurrency holdings by acquiring an additional 226.42 bitcoins. The transaction, valued at approximately £17.87 million (around $24.4 million), was executed at an average price of £78,932 (approximately $107,726) per bitcoin. This strategic purchase increases the company’s total bitcoin reserves to 1,000 coins, reflecting a cumulative investment of £78.22 million. This move underscores SWC’s commitment to integrating digital assets into its financial portfolio, aligning with broader institutional trends in cryptocurrency adoption. Investors and market analysts will be closely monitoring the impact of this acquisition on SWC’s balance sheet and long-term value proposition within the evolving blockchain ecosystem.
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