Dossier
The Smarter Web Company
Coverage of The Smarter Web Company in the Nexus archive.
- Smarter Web Company Adds 10 Bitcoin, Lifts Holdings to 2,869 BTC Amid Treasury Push
The Smarter Web Company (LSE: SWC) purchased 10 Bitcoin at £55,786 per coin, increasing its holdings to 2,869 BTC. The company uses Bitcoin as a treasury reserve asset and has a £18 million credit facility with Coinbase to scale BTC exposure. It reported a 15.43% Bitcoin yield and competes with firms like Strive and MicroStrategy in BTC accumulation strategies.
- TD Cowen reiterates buy rating on Smarter Web Company, says it remains UK’s only scaled bitcoin treasury vehicle
TD Cowen has reaffirmed a buy rating for The Smarter Web Company, citing its strengthened position as the UK's only scaled bitcoin treasury vehicle. The firm emphasizes the company's unique role in the UK market for bitcoin treasury vehicles.