The Smarter Web Company, a technology firm listed in the UK, has announced the acquisition of an additional 45.32 Bitcoin as part of its strategic treasury policy, which is detailed in their initiative known as “The 10 Year Plan.”
This latest purchase marks a significant achievement for the company’s ongoing Bitcoin acquisition strategy, which commenced only in April of this year. The recent transaction has effectively increased its Bitcoin holdings by nearly 55%.
The Smarter Web Company (#SWC) RNS Announcement: Bitcoin Purchase.
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: https://t.co/z59Xf4oBRU pic.twitter.com/vmtFzjsQeY
— The Smarter Web Company (@smarterwebuk) June 10, 2025
According to a document released on June 10 by the Regulatory News Service (RNS), the latest acquisition involved an investment of $4,736,000, with an average price of about $104,935 per Bitcoin. This brings the company’s total Bitcoin assets to 168.08, totaling an investment of $17,703,000, with a dollar-cost average (DCA) of $105,779 per Bitcoin.
Smarter Web Continues Betting Big on Bitcoin
This recent acquisition is not The Smarter Web Company’s first foray into Bitcoin; the firm has been accepting Bitcoin payments since 2023. The company envisions Bitcoin as essential to the future of the global financial system.
As it pursues both organic growth and corporate acquisitions, the firm is also leading the way with its innovative Digital Asset Treasury Policy, incorporating Bitcoin into its overall strategy.
Source: SmartWebCompany
Other firms have been following a similar trajectory, reflecting a growing global trend towards Bitcoin accumulation. Notably, U.S.-based Strategy and Japan’s Metaplanet have also been expanding their Bitcoin holdings.
In April, another company in the UK, Abraxas Capital, made headlines by purchasing nearly 3,000 Bitcoins, which were valued at $250 million at that time.
UK-based gold miner Bluebird Mining @bluebirdIR said it will convert future revenue into Bitcoin, becoming the country’s first listed miner with a Bitcoin treasury strategy.#GoldMining #BitcoinTreasury https://t.co/OiBjiLEHi0
— Finance Newso.com (@Finance Newso) June 5, 2025
Additionally, on June 4, Bluebird Mining Ventures Ltd, a UK-listed gold mining company, announced its intention to convert future revenues into Bitcoin, positioning itself as the first publicly listed UK mining firm to implement a Bitcoin-focused treasury strategy.
Likewise, at the start of June, trading firm IG Group emerged as the first company on the London Stock Exchange to enable retail investors to buy and sell individual cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), as part of a new digital asset service.
Bitcoin Adoption Wave Increases Amid Scarcity, and Sky-High Predictions
These developments indicate a burgeoning interest in Bitcoin and cryptocurrencies in the UK, with digital asset firms actively seeking capital for large-scale Bitcoin acquisitions. This surge has been fueled by Bitcoin’s rise to a historical high of $111,965 in May.
Having increased by over 50% since early April, this rally has initiated a flurry of listings and mergers as companies seek funding amidst strong investor demand.
Currently, 126 publicly listed companies hold Bitcoin, a rise from 89 in April, with their combined holdings surpassing 800,000 BTC, valued at approximately $88 billion.
Source: BitcoinTreasuries
As of now, Bitcoin has seen a recovery of more than 2.07% in the past 24 hours, trading at $109,725 and briefly reaching an intra-day high of $110,561.42.
Source: Finance Newso
This remarkable uptick has driven the Fear and Greed Index to 71, a 10% increase in the last day, suggesting a shift in market sentiment from neutrality to greed.
Source: Alternative.me
Bitcoin analysts remain optimistic about further potential growth in the value of Bitcoin. Jesse Myers, head of Bitcoin strategy at Moon Inc., highlighted that only 5.4% of the total 21 million Bitcoins remain to be mined.
Only 5.4% of all 21M #Bitcoin remain to be mined.
In 2028, there will only be 3.125% left.
Meanwhile, ~0.1% of the world has adopted Bitcoin as a primary savings technology / treasury asset.
99.9% of the world will fight over what’s left.
Are you positioned accordingly? pic.twitter.com/pAPjPSKKUg
— Jesse Myers (Croesus ) (@Croesus_BTC) June 9, 2025
By 2028, the next expected Bitcoin halving will see only 3.125% left to mine. Currently, with about 0.1% of the global population using Bitcoin as a primary savings or treasury asset, it is anticipated that the remaining supply will become fiercely contested.
This scarcity has led to bold forecasts from figures like Scott Melker and billionaire Tim Draper, suggesting that Bitcoin could reach $250,000 sooner than many anticipate.
The post Publicly Traded UK Firm Buys 45 BTC Amid Peak Market Greed at 71 appeared first on Finance Newso.
