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The Smarter Web Buys 35 Bitcoins for GBP2 Million

MT Newswires·09/02/2026 07:54:31
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07:54 AM EDT, 09/02/2026 (MT Newswires) -- The Smarter Web Co. (SWC.L) purchased 35 Bitcoins for 2 million pounds sterling as part of its 10-year plan, which includes a Bitcoin treasury policy. The Bitcoins were purchased at an average price of 57,494 pounds each, according to a Wednesday filing. In total, the web design and technology company's Bitcoin holdings stand at 2,747. Following the purchase, the company's total drawings under the Coinbase strategic credit facility now stand at 20.5 million pounds.