The Smarter Web Company, a publicly traded technology enterprise on the London AQUIS exchange (ticker: SWC), has strategically expanded its cryptocurrency holdings by acquiring an additional 45.32 Bitcoins. This acquisition, valued at £3.509 million, was executed at an average price near £77,400 per Bitcoin, equivalent to roughly $105,000. This move aligns with the company’s long-term investment strategy, dubbed the “Ten-Year Plan,” aimed at capitalizing on digital asset appreciation.
Following this purchase, The Smarter Web Company’s total Bitcoin reserves now stand at 168.08 BTC, representing a cumulative investment of £13.12 million. This significant allocation underscores the firm’s commitment to integrating cryptocurrency assets within its broader financial portfolio, reflecting a growing trend among technology companies to diversify through digital currencies. Investors and market analysts will likely monitor SWC’s crypto strategy as a barometer for institutional adoption in the evolving blockchain landscape.