- Smarter Web Company PLC bought 20 BTC for £1.23 million at an average of £61,733, 24.6% below its net average cost of £81,837.
- Total Bitcoin treasury holdings reached 2,850 BTC after the October 23 purchase.
- Net Bitcoin expenditure stands at £233.24 million after gross buys of £241.98 million and £8.75 million in sales.
- Quarter-to-date Bitcoin yield reached 2.41%, calculated from September 30, 2026.
London-listed Smarter Web Company PLC (LSE: SWC), a web design, digital marketing, and development firm managing more than 500 client websites, purchased 20 Bitcoin for £1.23 million on October 23, lifting total treasury holdings to 2,850 BTC.
RNS Announcement: Bitcoin Purchase
Please read the RNS on our website (link in comments).
LSE: #SWC #MORE | OTCQB: $TSWCF | FRA: $3M8 https://t.co/EcDN8wdkKO
— The Smarter Web Company (@smarterwebuk) October 23, 2026
The acquisition is part of the company’s ongoing “10 Year Plan” Bitcoin treasury policy, which puts growing BTC per ordinary share ahead of simply accumulating coins.
Purchase Lands 24.6% Below Average Cost
The average purchase price of £61,733 per Bitcoin sits comfortably below the company’s stated net average cost of £81,837 per coin. Management has emphasised disciplined entry pricing as a secondary goal beneath per-share BTC accretion.
Treasury Snapshot After Latest Buy
Gross Bitcoin purchases to date total £241.98 million. After sales of £8.75 million, net expenditure stands at £233.24 million. The company’s quarter-to-date Bitcoin yield reached 2.41% from September 30, 2026.
Its X announcement reported a sats-per-share figure of 768. Chief Executive Andrew Webley and CFO Oliver Hewett signed the market announcement, with Tennyson Securities as broker and Strand Hanson Limited as financial adviser.
Where Shares Trade
Ordinary shares trade in London under SWC, on the U.S. OTCQB market as TSWCF, and in Frankfurt as 3M8. Non-equity preferred shares issued during its October fundraise trade on the LSE under the ticker MORE.
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