Home London-listed Smarter Web Tops 2,850 BTC After Buying 20 Bitcoin At 24.6% Discount

London-listed Smarter Web Tops 2,850 BTC After Buying 20 Bitcoin At 24.6% Discount

By Kapil RajyaguruOctober 26, 20261 Mins read10 Views

London-listed Smarter Web Tops 2,850 BTC After Buying 20 Bitcoin At 24.6% Discount

News

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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Written by

Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.