The Smarter Web Company Expands Bitcoin Holdings to 2,660 BTC

The Smarter Web Company has increased its Bitcoin holdings to 2,660 BTC, reinforcing its leading position as the largest publicly listed Bitcoin holder in the UK.

BTC

Summary

The Smarter Web Company added 10 Bitcoin to its holdings on October 21, bringing its total to 2,660 BTC. This acquisition is part of its ongoing decade-long strategy, with a total investment of approximately £220 million and an average purchase cost of £82,858 per BTC. The company's quarterly Bitcoin yield stands at 1.70%.

Terms & Concepts
  • Bitcoin (BTC): The world’s first and most recognized cryptocurrency, operating on a decentralized blockchain network for peer-to-peer transactions.
  • Cryptocurrency Portfolio: A collection of digital assets held by an individual or organization, reflecting its exposure to the cryptocurrency market.