crypto.news
The Smarter Web Company recently added 24.53 $BTC to its Bitcoin treasury, vowing to continue its long-term $BTC accumulation strategy dubbed ‘the 10 year plan.’
On May 29, the U.K.-listed technology and digital services provider recently invested £2 million or around $2.7 million into Bitcoin ($BTC). With this purchase, the firm added 24.54 $BTC to its crypto-based treasury, with each Bitcoin valued at approximately $109,828.
At press time, the company has amassed a total of 83.24 $BTC in its holdings, which is equal to around $8.8 million. While the company’s Bitcoin accumulation strategy is still in its early stages, having just begun purchasing $BTC earlier this year in April, its recent purchase boosted its Bitcoin holdings by nearly 30%.
This recent purchase has indicated that Smarter Web Company plans to continue its “10 Year Plan,” which includes a digital asset treasury strategy focused primarily on Bitcoin. The company has accepted Bitcoin as a form of payment since as early as 2023.
“In addition to organic growth, the Company will progress an acquisition strategy targeting other businesses with a view to growing its number of clients and/or recurring revenue,” wrote Smarter Web in its statement.
$BTC on May 29, 2025 | Source: crypto.news"> At press time, Bitcoin has dipped by 0.96% in the past 24 hours. The largest cryptocurrency by market cap is currently trading hands at $107,910. In the past week, $BTC has gone down by 2.78%, bringing the ongoing rally to a temporary slow-down. Recently, $BTC managed to break through the $110k threshold, settling into a new all-time high at $111,814.
In the past, there have been a number of companies that have adopted a similar strategy of accumulating Bitcoin holdings, reflecting a broader global trend led by companies like Strategy in the U.S. and Metaplanet in Japan.
Last April, another U.K.-listed company, Abraxas Capital, purchased nearly 3,000 $BTC, which was worth $250 million at the time of purchase.