Can Corporate Life Get Any Funnier? Smarter Web Company Bets Big on Bitcoin! 😂

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Ah, the sun blazes down upon us as our public companies scramble like seagulls over a discarded sandwich! The temperature might be rising, but evidently, so is the fervor with which they embrace the treasury model sprinkled with the shiny allure of cryptocurrency. Hotcakes, anyone?

Here lies a web design agency, busy as a bee in spring, snatching up acquisitions weekly, now proudly strutting around in the top 30 rankings. A round of applause, if you please! 👏

Steady Growth

In the illustrious land of tea and crumpets, this UK-based company, The Smarter Web Company—traded publicly on the Aquis Stock Exchange (ticker: SWC)—has been on a Bitcoin spree, snagging 225 bitcoins at an eye-watering average price of ÂŁ87,096 (that’s $118,076 for all you dollar enthusiasts out there). Just wait until the neighbors get a whiff of this! đŸ€‘

According to the Friday dispatch, their coffers now overflow with 1,825 BTC, and the cheap date cost them an average of ÂŁ80,466 ($109,088 per coin). That’s over $210 million worth of digital treasure, as fresh as a bakery’s morning croissants!

Oh, and let’s not forget the financials! For the half-year ending in good ol’ April, their net cash skyrocketed to ÂŁ1,230,946M ($1.65 million). To provide some perspective, this time last year, they were counting pennies at just ÂŁ21,577 ($29,000). Talk about a growth spurt of over 5,500%—who needs a gym membership when you can invest? đŸ’Ș

They dived into the Bitcoin race on April 28th, buying 2.3 BTC for a princely sum of $215,695, just three days after going public and raising a casual ÂŁ2 million ($2.68M) at their IPO. The eagerness is palpable!

Now, with their shiny new haul, they sit pretty at the 26th spot globally among public companies dabbling in this Bitcoin bonanza, according to BitcoinTreasuries’ latest updates. Nothing like a little bragging rights, eh?

The Year-to-Date BTC Yield, a fancy term for “look at us go!” reflects a staggering 43,787%, while they sit on £1M ($1.34M) in net capital like a cat on a sunny windowsill, ready to pounce on more digital gold!

All According to Plan

Fear not, for the corporation is not throwing darts in the dark; they have a “10-year plan” thicker than a London fog that aligns with the Directors’ musings on digital assets preserving value and shielding them from inflation. Sounds lovely, doesn’t it?

The grand vision? To pump up the treasury in the short term while plotting organic growth, full steam ahead, and get ready for the medium-to-long-term scheme of strategic acquisitions! Because why not have a Plan B, C, and D while you’re at it?

Andrew Webley, the intrepid CEO, lets us in on the secret:

“We have a clear plan to deliver significant value for our shareholders, and today we document this so our shareholders can share in the thrilling odyssey.”

“We’re zooming ahead, revving up short-term growth by scaling our tried-and-true services while also scouting for strategic acquisitions that could unlock astonishing value.”

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2025-07-26 22:18