The Smarter Web Company has added to its Bitcoin reserves, continuing a treasury strategy that places the digital asset at the centre of its long-term financial plan.
The UK-listed firm confirmed it purchased 27 BTC at an average price of £56,799 per coin, bringing total holdings to 2,805 BTC. The latest acquisition cost approximately £1.53 million and forms part of the company’s ongoing “10 Year Plan” focused on Bitcoin accumulation.
RNS Announcement: Bitcoin Purchase and Subscription Agreement Update
The Smarter Web Company announces the purchase of additional Bitcoin as part of “The 10 Year Plan” which includes an ongoing treasury policy of acquiring Bitcoin.
Please read the RNS on our website (link in… pic.twitter.com/Ujd82of3Tc
— The Smarter Web Company (@smarterwebuk) May 5, 2026
Corporate Bitcoin treasuries have grown rapidly, with public companies now holding over 1.15 million BTC (~5.5% of supply) as of May 2026. Strategy, Inc. dominates with 815,000+ BTC, while others like Strive and Metaplanet are steadily increasing their holdings. This trend shows companies are treating Bitcoin as a core reserve asset, funding purchases through equity and debt. Institutional interest is rising, and corporate accumulation is now outpacing miners, signalling a long-term shift in how firms manage treasury reserves.
Bitcoin Holdings Grow as Treasury Strategy Deepens
Following the purchase, the company’s total Bitcoin investment stands at £228.7 million, with an average acquisition price of £81,544 per BTC. The firm also reported a quarter-to-date BTC yield of 13.98%, reflecting growth in Bitcoin holdings relative to its share base.
The strategy positions Bitcoin as a core reserve asset, with the company continuing to accept payments in crypto while integrating digital assets into its broader financial operations.
Credit Facility and Equity Raise Support Expansion
Alongside the purchase, the company disclosed £15 million in total drawdowns under a credit facility with Coinbase. The loan, secured against existing Bitcoin holdings, carries a variable interest rate between 6.75% and 7.25% and can be repaid without penalties.
Separately, the firm raised £117,900 through the placement of 310,000 shares under a prior subscription agreement, providing additional capital to support operations and treasury activities.
The company noted that while Bitcoin remains central to its strategy, it continues to operate within a high-risk asset class, with exposure subject to market volatility, liquidity conditions, and regulatory developments.
Notably, the Smarter Web Company completed a voluntary purchase offer to buy back and cancel 3 million Pre-IPO warrants, a move the firm says strengthens shareholder metrics tied to its Bitcoin treasury strategy.
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