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Smarter Web Company PLC ( (GB:SWC) ) has provided an announcement.
The Smarter Web Company PLC, a UK-listed digital services provider, has built its business around web design, development and online marketing, with a focus on recurring hosting and marketing income, and plans to scale via selective acquisitions that enhance client numbers and predictable revenue streams. Since 2022 it has also positioned itself as an early corporate adopter of Bitcoin, accepting the cryptocurrency as payment and using it as a strategic reserve asset within its long-term growth agenda.
The company has purchased an additional 15 Bitcoin for about £785,773 as part of its “10 Year Plan,” bringing its total holdings to 2,689 Bitcoin acquired at an average price of £82,630 and leaving it with a quarter‑to‑date BTC Yield of -0.54% on its treasury. Management underscores that this approach materially exposes the firm’s balance sheet to Bitcoin’s high volatility and regulatory uncertainty, highlighting both the potential for value creation and significant risk for shareholders as the company uses BTC Yield and related metrics to track the performance of its Bitcoin‑driven capital allocation strategy.
More about Smarter Web Company PLC
The Smarter Web Company PLC is a UK-based provider of web design, web development and online marketing services, generating revenue from upfront project fees, annual hosting and optional monthly marketing charges. The company is pursuing both organic growth and an acquisition strategy to expand its client base and recurring revenue, and since 2022 has integrated Bitcoin into its operations by accepting it as payment and embedding a Bitcoin treasury policy into its long-term strategy.
Average Trading Volume: 2,355,294
Current Market Cap: £128.7M
For detailed information about SWC stock, go to TipRanks’ Stock Analysis page.