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The Smarter Web Company Buys 10 More Bitcoin, Raising Holdings to 2,869 BTC

The Smarter Web Company Buys 10 More Bitcoin, Raising Holdings to 2,869 BTC

According to the company, the latest purchase cost £557,865 and lifts its cumulative Bitcoin investment to £232.48 million as it expands a debt-backed treasury strategy.

BTC

Fact Check
The official RNS announcement on Investegate from The Smarter Web Company PLC dated 26 May 2026 verifies every numerical claim: 10 BTC purchased, £557,865 cost, cumulative investment £232,480,168 (~£232.48 million), and total holdings of 2,869 BTC. Debt-backed strategy is corroborated by the disclosed Coinbase Strategic Credit Facility (£18M drawings, ~12.19% leverage). Bitcoin Magazine and crypto.news independently corroborate the figures.
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Summary

The Smarter Web Company said it acquired 10 Bitcoin on May 26 at an average price of £55,786 per coin, or about $74,904, for a total of £557,865, bringing its total holdings to 2,869 BTC. The London-listed company said its cumulative Bitcoin investment now stands at £232.48 million, with an average acquisition cost of £81,032, or about $109,000, per BTC. It described Bitcoin as a core treasury reserve asset and reported a quarter-to-date Bitcoin yield of 15.43%, measured by the change in Bitcoin holdings relative to fully diluted share count. The company also said it has drawn £18 million under a Coinbase credit facility secured by its Bitcoin, with a variable interest rate of 6.75% to 7.25% and no penalty for discretionary repayment.

Terms & Concepts
  • Bitcoin treasury strategy: A corporate approach of holding Bitcoin on the balance sheet as a reserve asset or long-term investment.
  • BTC: The ticker symbol for Bitcoin, the largest cryptocurrency by market value.
  • Bitcoin yield: A company-defined metric measuring the change in Bitcoin holdings relative to its fully diluted share count, rather than short-term price performance.