The Smarter Web Company recently purchased 11.89 Bitcoin, pushing its total holdings to 2,712 BTC. The August 3 acquisition came after the company repaid $11.7 million from its Smarter Convert financing instrument ahead of schedule, marking a return to accumulation following a temporary reduction in its Bitcoin stash.
Bitcoin Holdings and Purchase Details
The latest purchase averaged approximately $63,328 per Bitcoin, or £47,052, raising the treasury from 2,700 to 2,712 BTC. This move places the company 28th globally among corporate Bitcoin holders according to BitcoinTreasuries.NET. Earlier in July, the company sold nearly 178 BTC at an average price of $65,762 to settle the convertible debt, which also removed over 7.7 million potential ordinary shares from its fully diluted share count. Despite this financial maneuver, the company confirmed no shift in its overall long-term Bitcoin accumulation strategy, which is part of its 10 Year Plan.
Cost Basis and Market Context
The treasury's net average cost per Bitcoin remains elevated at about $111,548, well above the prevailing market price of roughly $63,000 at the time of the latest purchase. Gross Bitcoin purchases have reached £233.5 million, with net purchases standing at £224.8 million after accounting for previous sales including the July disposal. The second quarter of 2026 showed a negative 4.80% Bitcoin yield relative to the fully diluted share count, reflecting a temporary dip in Bitcoin exposure per share. The company’s ongoing financing and share management continue to influence the Bitcoin per-share value, sustaining their commitment to a steady accumulation approach.
This material is informational and not financial advice.
