When a Web Company Buys Bitcoin: The Plot Thickens 🤔

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Well, well, well. The Smarter Web Company PLC has gone and done it again. They’ve purchased 225 bitcoins, presumably while wearing capes and cackling like supervillains plotting global domination—or just trying to look cool in front of their accountants. Who knows? 🦸‍♂️💰

£19.9 Million Says “We’re Serious About Bitcoin” 👀

In news that will either excite or terrify anyone who’s ever lost sleep over cryptocurrency, this London-listed tech firm decided to splash out £19,908,550 on Bitcoin. That’s an average of £88,482 per coin, bringing their grand total to a staggering 2,050 BTC. At this rate, they might as well start printing their own money. Oh wait… they kind of are. 😅

Apparently, the company’s cumulative average purchase price for all its Bitcoin is now £81,346 per coin, which means they’ve spent roughly £166,758,900 so far. For context, that’s enough to buy several small islands or at least one very fancy yacht. But no, they chose Bitcoin instead. Brave souls. Or possibly mad ones. 🏝️🚤

And here’s where things get truly bananas: according to the company, their treasury Bitcoin position somehow achieved a yield of 49,198% year-to-date. Yes, you read that right. Not 49%. Not even 490%. We’re talking nearly *fifty thousand percent*. Meanwhile, most of us are still struggling to make our houseplants survive more than a week. 🌱📉

Oh, and if you were wondering whether they’re done yet, fear not—they’ve got about £500,000 left in cash reserves specifically earmarked for future Bitcoin shenanigans. Because why stop when you’re having so much fun? 🎢💸

This bold move is apparently part of something called “The 10-Year Plan,” because nothing screams long-term strategy like throwing millions into the world’s most volatile asset class. Apparently, they believe Bitcoin is “integral to the future financial system,” though we suspect someone in the boardroom just really likes memes. 🐳📈

For those unfamiliar with The Smarter Web Company, they’re not actually evil geniuses bent on rewriting the rules of economics (probably). Instead, they provide web design, development, and online marketing services. You can find them trading under SWC on the Aquis Stock Exchange and TSWCF on OTCQB. Feel free to visit their website if you want to learn more—or if you just enjoy watching grown-ups play Monopoly with real money. 🕹️🌐

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2025-07-30 18:57