Smarter Web Company Expands Bitcoin Holdings by 35 BTC
Smarter Web Company (SWC), a London-listed firm, has expanded its Bitcoin treasury by purchasing 35 BTC. This brings its total holdings to 2,747 BTC, making it one of the most prominent corporate Bitcoin holders among publicly listed companies.
The purchase is part of a broader trend of publicly traded firms diversifying their balance sheets with digital assets. SWC first began accumulating Bitcoin in 2020 and has been closely watched by investors and analysts for its treasury strategy.
While the exact price paid for the latest batch remains undisclosed, Bitcoin's market price has remained relatively stable over the past week, trading around $67,000 at the time of writing. SWC's consistent accumulation reflects a deliberate financial strategy rather than a speculative gamble.