The Smarter Net Firm, a UK-based internet design and Bitcoin treasury agency, has acquired 295 Bitcoin for £26.3 million ($35.2 million) at a median value of £89,000 ($119,412) per coin.
The Smarter Net Firm (#SWC $TSWCF $3M8.F) RNS Announcement: Bitcoin Buy.
Buy of extra Bitcoin as a part of “The ten 12 months Plan” which incorporates an ongoing treasury coverage of buying Bitcoin.
Please learn the RNS on our web site: https://t.co/z59Xf4o42m pic.twitter.com/5TueTWkert
— The Smarter Net Firm (@smarterwebuk) August 12, 2025
The acquisition was funded by a £7.6 million share placement accomplished on Monday, involving the issuance of three,452,086 new shares at roughly £2.21 every.
The corporate said that 4,490,000 shares stay to be issued beneath its present 14 million share subscription program, with the same subscription settlement anticipated as soon as the tranche is accomplished.
Following this transaction, the London-listed agency holds 2,395 Bitcoin, with a median acquisition value of £82,399 ($110,555) per coin, totaling £197.3 million ($264.8 million) invested.
Knowledge from Bitcoin Treasuries lists the corporate as the biggest company Bitcoin holder within the UK and among the many high 25 publicly traded holders globally.
Based mostly on Bitcoin’s present value of $118,917, the corporate’s holdings are valued at roughly $284.8 million, representing an unrealized acquire of about $20 million, or 7.6%.
The agency additionally reviews £700,000 ($942,000) in money reserves designated for potential extra Bitcoin purchases.
The corporate has acquired greater than 1,500 Bitcoin in July alone, transferring from thirty sixth to twenty third place amongst 152 public firms holding Bitcoin, based on Bitcoin Treasuries information.
CEO Andrew Webley has stated the corporate is aiming to enter the highest 20 within the close to time period.
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