The Smarter Web Company, a London-listed technology firm, has announced the acquisition of an additional 226.42 Bitcoin for approximately £17.87 million ($24 million).
The average purchase price for the new batch was £78,932 ($107,726) per Bitcoin, slightly above the company’s overall average purchase price of £78,228 ($106,766).
The company reported impressive treasury yields, noting a year-to-date BTC Yield of 26,242% and a 30-day BTC Yield of 530%, reflecting the aggressive accumulation strategy laid out in its “10 Year Plan.” As of this month, Smarter Web has around £42.3 million in net cash available for potential future Bitcoin purchases, underscoring its commitment to expanding its crypto reserves.
With the acquisition, Smarter Web’s cumulative Bitcoin investment now totals over £78 million.
Of the total funds, £36.27 million ($49.8 million) came from the bookbuild, while an additional £4.97 million ($6.82 million) was raised through subscription. Smarter Web’s directors emphasized that acquisitions will continue where opportunities align with the company’s expansion goals.
Last week, the company raised £41.2 million ($56.59 million) just days after making headlines with a $20 million purchase of nearly 197 Bitcoin.
The latest acquisition brings Metaplanet’s total Bitcoin holdings to 15,555 BTC, worth approximately 225.8 billion yen ($1.7 billion) at an average purchase price of 14.5 million yen per coin. The purchase, valued at 34.5 billion yen, comes amid Metaplanet’s aggressive accumulation since designating Bitcoin treasury operations as an official business line in December 2024.
On Monday, Japanese firm Metaplanet also expanded its Bitcoin treasury strategy with the purchase of 2,205 additional BTC.
