LSE-listed Smarter Web Company purchases a further 11.89 Bitcoin, bringing total treasury holdings to 2,712 BTC against a net average cost nearly double the current market price

The Smarter Web Company PLC (LSE: SWC), listed on the Main Market of the London Stock Exchange, has purchased an additional 11.89 Bitcoin at an average price of £47,052 per coin (approximately $63,328), taking its total treasury holdings to 2,712 BTC. The company's net average purchase price across its entire Bitcoin accumulation programme stands at £82,886 per coin (approximately $111,548), nearly double the prevailing market price at the time of the latest acquisition. Gross Bitcoin purchases to date total £233.5 million, with net purchases of £224.8 million after accounting for prior sales. In July 2026, the company sold 177.89 BTC to service debt obligations. The Bitcoin accumulation forms part of the company's self-described "10 Year Plan" treasury strategy, which mirrors the corporate Bitcoin treasury model adopted by US technology company MicroStrategy. The company has drawn £18.5 million from a credit facility with Coinbase, representing approximately 17% leverage against its Bitcoin holdings. The facility carries a variable interest rate of 6% (reduced from a prior range of 6.75% to 7.25%) and is repayable without additional charges at the company's discretion. Bitcoin is held in institutional custody across providers including Coinbase, Xapo Bank, Fidelity Digital Assets, Anchorage Digital Bank, and Kraken Financial. On the same date, the company raised through share placements under an existing Subscription Agreement and exercised 2,875,000 warrants generating gross proceeds of . Total shares in issue following these transactions stand at . The company's quarter-to-date BTC yield (a metric measuring per-share Bitcoin exposure relative to fully diluted shares) came in at -4.80% for Q2 2026, indicating that shareholder exposure to Bitcoin per share decreased during the period.