UK -centered kingdom The Smarter Web Company (SWC), Bitcoin $106,629.81 continues to increase the reserve. The company announced on Tuesday that it has purchased 230,05 more BTC from $ 107 thousand 126 dollars. 17.97 million pounds ($ 24.6 million) was spent for the new Bitcoin investment. With this move, the company’s Bitcoin reserve rose to 773,58 BTC. The total expenditure of the company for Bitcoin investment so far has been 60.4 million pounds ($ 82.7 million).
SWC’s Bitcoin Reserve Plan
This latest purchase of SWC Bitcoin Treasuries data according to He raised him to the 40th place among the public companies. While the accumulation of fast Bitcoin attracted attention, the company approached the 30 largest lists between Bitcoin Treasury and Kulr and to companies that hold over a thousand BTC.
SWC is originally revenue by providing web design, development and online marketing services. Installation fees, annual hosting fees and optional monthly payments are among the main sources of income. Payments since 2023 BTC The company officially adopted the policy of creating a Bitcoin reserve in line with the belief in the role of Bitcoin in the financial system of the future in April. David Bailey And UTXO ManagementThe company will focus on expanding the customer base with a 10 -year plan to expand the customer base and to buy selective Bitcoin to finance future growth by offering long -term value to shareholders.
SWC started to be traded on April 25 with SWC code on the Aquis Stock Exchange. Following the announcement of the Bitcoin reserve plan, his shares reached a 605 pound with an incredible rise, but last week decreased by about 70 percent last week. Stocks are currently traded at 249.75 pounds.
Other companies that invest in Bitcoin in the UK
While Michael Saylor’s Strategy’s Strategy is led by US companies, the number of companies that adopt or adopt this strategy are increasing in the UK, while in the UK. SWC is the largest British company in this field.
According to Bitcoin Treasuries’ data, 247 BTC (26.4 million dollars) Phoenix Digital Assets With second, 74 BTC (7.9 million dollars) Coinsilium ranks third. Jersey -based crypto money management company Coinshares 236 BTC (25.2 million dollars) holds.
On the other hand, expert warnings are increasing in the face of companies’ plans to create Bitcoin reserves and reserves. Coinbase Institute’s Global Research President David DuongHe said that even though corporate crypto currency purchases seem to be smooth in the short term, they may create “systemic risks ında in the long term. Jan3 CEO Samson Mow Bitcoin reserve companies will go bankrupt in any significant price decrease in any significant price decrease, “he said,” You have never heard of CEOs before and probably not know what Bitcoin is. “
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
