logo
    • Buy Crypto
    • Markets
    • Futures
    • Spot
    • Earn
    • Affiliates & AI
    • More
    1. WEEX
    2. Crypto News
    3. The Smarter Web Company adds 11.89 Bitcoin, treasury reaches 2,712 BTC

    The Smarter Web Company adds 11.89 Bitcoin, treasury reaches 2,712 BTC

    By: rootdata|2026/08/03 07:58:21
    0
    Share
    copy
    Prefer us on GooglePrefer us on Google
    COINCOIN
    00.00%--
    COINCOIN
    CoinCoin
     

    The Smarter Web Company has increased its Bitcoin treasury by acquiring another 11.89 BTC, taking its total holdings to 2,712 BTC.

    • The Smarter Web Company has purchased another 11.89 Bitcoin, increasing its treasury to 2,712 BTC.
    • The latest acquisition has moved the UK listed firm to 28th place in the BitcoinTreasuries corporate Bitcoin rankings.
    • The purchase comes weeks after the company repaid its Smarter Convert financing and reported holdings of 2,700 BTC.
    • The company has continued building its Bitcoin reserves under its long term 10 Year Plan.

    According to BitcoinTreasuries.NET, the London-listed company completed the latest purchase of 11.89 Bitcoin, lifting its corporate treasury to 2,712 BTC and moving it to 28th place in the Bitcoin 100 ranking of public companies holding the asset.

    The latest acquisition follows the company's decision last month to retire its Smarter Convert financing instrument ahead of schedule, a move that left it holding 2,700 BTC after selling part of its treasury to settle the obligation.

    By adding fresh Bitcoin within weeks, the company has resumed the accumulation strategy it has repeatedly described as part of its long-term treasury policy.

    Bitcoin purchase pushes holdings above July level

    BitcoinTreasuries.NET said the additional purchase has increased The Smarter Web Company's reserves by 11.89 BTC, taking the balance from 2,700 BTC to 2,712 BTC.

    The update also places the company at No. 28 in the global Bitcoin 100 corporate treasury rankings, up from earlier positions it occupied as its holdings expanded through regular purchases over the past year.

    In July, The Smarter Web Company announced it had repaid its $11.7 million Smarter Convert instrument nearly two weeks before maturity by selling 177.8909127 BTC at an average price of $65,762 per coin.

    The company said the Bitcoin sold had originally been purchased using proceeds from the financing arrangement, which required virtually all of the subscribed capital to be invested in Bitcoin.

    Following that repayment, the company confirmed it held exactly 2,700 BTC while removing the potential issuance of 7,718,551 ordinary shares linked to the convertible structure from its fully diluted capital calculations.

    Bitcoin strategy continues after convertible repayment

    Company chief executive Andrew Webley previously said the Smarter Convert structure served as an alternative source of funding while the firm was building its Bitcoin treasury, but added that management no longer viewed convertible financing as the most suitable option at its current stage.

    According to the company's July announcement, investment manager TOBAM and its affiliated entities supported the early repayment request, allowing the instrument to be settled before its scheduled maturity.

    Although the financing arrangement has now been retired, the company said at the time that its long-term "10 Year Plan" to build a Bitcoin treasury remained unchanged. The latest purchase adds further support to that strategy, lifting the company's holdings above the level reported after the repayment.

    Earlier purchases expanded the company's Bitcoin treasury

    The Smarter Web Company has steadily expanded its Bitcoin reserves through repeated acquisitions since 2025.

    In September 2025, the company appointed Coinbase Institutional as an additional Bitcoin custody partner alongside its existing custody arrangements through Coinbase Prime. At that point, it held 2,470 BTC after completing another 30 BTC purchase.

    By October 2025, the company had increased its holdings to 2,650 BTC after purchasing an additional 100 BTC for approximately £9.08 million, or about $12.1 million. The company said the acquisition formed part of its long-term treasury strategy and described Bitcoin accumulation as a core element of its corporate treasury policy.

    At the time, Bitcoin Treasuries ranked the company 30th among public firms holding Bitcoin. The company also reported a year-to-date Bitcoin yield of 57,718% and a quarter-to-date Bitcoin yield of 0.58% on its holdings, while its shares recorded a modest gain after the purchase announcement.

    -- Price

    --

    Corporate treasury position continues to climb

    The latest update from BitcoinTreasuries.NET indicates that The Smarter Web Company has continued adding to its Bitcoin reserves despite using nearly 178 BTC to repay the Smarter Convert obligation only weeks earlier.

    With total holdings now standing at 2,712 BTC, the company has added 12 BTC since completing the repayment and has climbed to 28th place among public corporate Bitcoin holders.

    Previous company statements have described the business as the largest publicly traded corporate Bitcoin holder in the United Kingdom. It has also raised additional capital in support of treasury expansion, including a £17.5 million fundraising announced in 2025 for future Bitcoin purchases and related treasury infrastructure.

    The latest purchase does not include any indication of changes to the company's treasury policy. Instead, the updated holdings continue the accumulation plan management has consistently outlined under its 10 Year Plan while strengthening its position in the global corporate Bitcoin rankings.

    This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

    You may also like

    Why the Billion-Dollar Revenues of Crypto Projects Did Not Lead to Token Growth

    Why the Billion-Dollar Revenues of Crypto Projects Did Not Lead to Token Growth

    Foreign Media: Musk Claims AI Growth Will Accelerate Significantly from 2026

    Foreign Media: Musk Claims AI Growth Will Accelerate Significantly from 2026

    Options Market Enters a New Paradigm: Evolution and Key Features in H1 2026

    Options Market Enters a New Paradigm: Evolution and Key Features in H1 2026

    Deribit's monopoly position is loosening, with Bybit's share jumping to second globally.
    TACO's Weekend for Two Consecutive Weeks|TradeXYZ Weekend Market Observation

    TACO's Weekend for Two Consecutive Weeks|TradeXYZ Weekend Market Observation

    Bless vs Grass Whitepaper Comparison: Which DePIN Network Is Better?

    Bless vs Grass Whitepaper Comparison: Which DePIN Network Is Better?

    Trade.XYZ rumored to seek $200M equity round at $1.5B valuation

    Trade.XYZ rumored to seek $200M equity round at $1.5B valuation

    Overseas Storage ETFs Increase Holdings in Changxin Technology

    Overseas Storage ETFs Increase Holdings in Changxin Technology

    Rare US-Japan Cooperation Ends Era of Yen Arbitrage

    Rare US-Japan Cooperation Ends Era of Yen Arbitrage

    Michael Saylor Sparks Speculation on New Bitcoin Purchase by Strategy

    Michael Saylor Sparks Speculation on New Bitcoin Purchase by Strategy

    The Yen Carry Trade Is Back in Focus: Why Crypto Traders Should Watch Japan

    The Yen Carry Trade Is Back in Focus: Why Crypto Traders Should Watch Japan

    Washington has reportedly joined Japan in supporting the yen for the first time since 2011. Learn why the Treasury is buying Japanese yen, what it means for the yen carry trade, and how Bitcoin and crypto markets could react.

    Can SpaceX's First Quarterly Report After IPO Save Its Stock Price Amidst 1.2 Billion Shares Unlocking Pressure?

    Can SpaceX's First Quarterly Report After IPO Save Its Stock Price Amidst 1.2 Billion Shares Unlocking Pressure?

    Bank of Korea Tests International Settlement of Tokenized Reserves in BIS 'Project Agora'—Completed in 80 Seconds

    Bank of Korea Tests International Settlement of Tokenized Reserves in BIS 'Project Agora'—Completed in 80 Seconds

    This, AI, Bitcoin: Ray Dalio Prepares for the Next Crash and Buys Gold

    This, AI, Bitcoin: Ray Dalio Prepares for the Next Crash and Buys Gold

    Ray Dalio holds 1% of his portfolio in Bitcoin but prefers gold in light of technological, political, and monetary risks.
    What is happening in the crypto card market as trading volumes hit new highs while platforms exit?

    What is happening in the crypto card market as trading volumes hit new highs while platforms exit?

    Crypto Cards may seem like just a bank card, but in reality, they are one of the heaviest infrastructures in Web3.
    Bezos Supports CuspAI in Developing AI Chip Materials

    Bezos Supports CuspAI in Developing AI Chip Materials

    Global Venture Firms Make Their Move: Zerra Ventures & BD Ventures Lead US$3.5 Million Strategic Investment Into DCODEX

    Global Venture Firms Make Their Move: Zerra Ventures & BD Ventures Lead US$3.5 Million Strategic Investment Into DCODEX

    Forbes: 7 Million Bitcoins Exposed to Quantum Computing Risks, Does BTC Need a New 'Lock'?

    Forbes: 7 Million Bitcoins Exposed to Quantum Computing Risks, Does BTC Need a New 'Lock'?

    Monthly Column Report | July 2026 Foresight News Outstanding Content Creators List

    Monthly Column Report | July 2026 Foresight News Outstanding Content Creators List

    3iQ Digital Asset Management Company Begins BTC Fund Management for Bhutan's New City (GMC)

    3iQ Digital Asset Management Company Begins BTC Fund Management for Bhutan's New City (GMC)

    PayPal stablecoin strategy expands after $486.4B quarter

    PayPal stablecoin strategy expands after $486.4B quarter

    WEEX Daily Market Highlights | 2026.08.03

    WEEX Daily Market Highlights | 2026.08.03

    The following is WEEX's daily roundup of key stock token market highlights and upcoming earnings, helping you stay on top of market-moving events and trading opportunities.
    Rubin Ultra Cuts Specs, Can Nvidia Handle Rising Memory Prices?

    Rubin Ultra Cuts Specs, Can Nvidia Handle Rising Memory Prices?

    Bitcoin Miners Throw in the Towel, But Their Stocks Soar

    Bitcoin Miners Throw in the Towel, But Their Stocks Soar

    Federal Reserve Credit and Yen Intervention Heat Up Simultaneously, High Funding Costs Reshape Global Asset Pricing

    Federal Reserve Credit and Yen Intervention Heat Up Simultaneously, High Funding Costs Reshape Global Asset Pricing

    Financing Weekly Report | Amazon Invests $50 Billion in OpenAI; Axis Robotics Completes $12 Million Seed Round Financing

    Financing Weekly Report | Amazon Invests $50 Billion in OpenAI; Axis Robotics Completes $12 Million Seed Round Financing

    Pump.fun Reports Employee Layoffs Before Millions of Dollars Worth of PUMP Token Vesting

    Pump.fun Reports Employee Layoffs Before Millions of Dollars Worth of PUMP Token Vesting

    Is HYPE's Continuous Decline Due to Rumors of TradeXYZ Going Solo?

    Is HYPE's Continuous Decline Due to Rumors of TradeXYZ Going Solo?

    The Trap of Sterilized Pesos: The Hidden Risk in the Treasury's Balance Sheet

    The Trap of Sterilized Pesos: The Hidden Risk in the Treasury's Balance Sheet

    The Central Bank accumulates foreign currency through monetary issuance that the Treasury absorbs as debt: a highly vulnerable financial architecture facing the imminent presidential cycle.
    Is lowering inflation enough for Javier Milei to be reelected?

    Is lowering inflation enough for Javier Milei to be reelected?

    The government is recognized for stabilizing the economy, but a large majority still feels far from believing that this program will improve their prospects. Georgieva's concern about the patience of Argentines.
    Argentine Stocks: The Three That Rose the Most in July and Why They Still Have Potential

    Argentine Stocks: The Three That Rose the Most in July and Why They Still Have Potential

    In July, some Argentine ADRs performed well, led by the energy sector.

    Why the Billion-Dollar Revenues of Crypto Projects Did Not Lead to Token Growth

    Foreign Media: Musk Claims AI Growth Will Accelerate Significantly from 2026

    Options Market Enters a New Paradigm: Evolution and Key Features in H1 2026

    Deribit's monopoly position is loosening, with Bybit's share jumping to second globally.

    TACO's Weekend for Two Consecutive Weeks|TradeXYZ Weekend Market Observation

    Bless vs Grass Whitepaper Comparison: Which DePIN Network Is Better?

    Trade.XYZ rumored to seek $200M equity round at $1.5B valuation

    ...
    Exclusive new user rewards
    Sign up to get 10 USDT
    Sign up

    Contents

    Bitcoin purchase pushes holdings above July level
    Bitcoin strategy continues after convertible repayment
    Earlier purchases expanded the company's Bitcoin treasury
    COIN
    Corporate treasury position continues to climb

    Latest articles

    2026/08/03

    The Smarter Web Company adds 11.89 Bitcoin, treasury reaches 2,712 BTC

    COINCOIN
    00.00%--
    2026/08/03

    Overseas Storage ETFs Increase Holdings in Changxin Technology

    COINCOIN
    00.00%--
    2026/08/03

    Bitcoin Miners Throw in the Towel, But Their Stocks Soar

    NOWNOW
    00.00%--
    COINCOIN
    00.00%--
    2026/08/02

    South Korea's 22% Cryptocurrency Tax to Take Effect in 2027! Opposition Voices: Losses Cannot Be Offset, Risking Trader Exodus

    COINCOIN
    00.00%--
    2026/08/02

    Crypto Traders Find New Meme Coin: Now They Bet on AI and Semiconductors

    The meme coin boom is cooling off, and some of the most active crypto traders are shifting their usual tactics to stocks of companies in the artificial intelligence and chip sectors. Instead of tokens that grew around jokes, internet memes, and online cults, they are seeking new momentum in the shar...
    COINCOIN
    00.00%--
    More

    Latest coin listings on WEEX

    logoCommunity
    iconiconiconiconiconiconicon
    Customer Support:@weikecs
    Business Cooperation:@weikecs
    Quant Trading & MM:[email protected]
    VIP Program:[email protected]
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Customer Support Bot
    • VIP Services
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Customer Support Bot
    • VIP Services
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE

    Where new wealth is made

    Download app

    Sign Up
    h5 logo
    Download