Skip to content
Active Currencies: 17,432
Market Cap: $2.296T
Bitcoin Dominance: 56.09%
24h Market Cap Change: $-1.95

Smarter Web Company’s stock rallies by 43% after its Bitcoin stash hits $36M

Bitcoin treasury mania has hit the United Kingdom.

Smarter Web Company's stock rallies by 43% after its Bitcoin stash hits $36M
  • Firm’s stock has rallied by over 500% since adopting Bitcoin
  • According to the CEO, more aggressive accumulation could be on the cards in the future

U.K’s first Strategy copycat, The Smarter Web Company, has increased its Bitcoin holdings to 346.63 BTC with its latest £8 million purchase. 

As expected, the update pumped its share price by 43% as traders front-ran the announcement, marking the beginning of Bitcoin treasury frenzy in the United Kingdom. 

Bitcoin treasury
Source: Google Finance (Market performance at 13:26 CET, Friday, 20 June)

Will Bitcoin’s treasury trend offer extra gains?

In comparison, Japan-based Metaplanet’s price soared by 78% when it announced its BTC corporate strategy last April. 

Over a year later, the stock pumped by nearly 9000%, a windfall for early investors who jumped on the trend early. Whether The Smarter Web Company (TSMC) will follow a similar trend remains to be seen. 

However, Thursday’s BTC purchase made the TSMC’s stock among the top three traded in the U.K. In fact, one user stated

“Absolutely remarkable both our #TeamG₿  treasury companies are in the top 10 most traded on the country’s most used trading platform!!”

Bitcoin treasury
Source: X

A similar trading frenzy has been seen with Metaplanet whenever it announces a BTC purchase. 

Worth pointing out, however, that The Smarter Web Company, which specializes in web development and online marketing, had an IPO (Initial Public Offering) in April 2025. It made its first BTC buy on 25 April. It has since been gradually accumulating small quantities. 

Thursday’s purchase was its highest bid though, surging from 10.59 BTC to 346.6 BTC – Worth $36 million and ranked 44th on the Bitcoin treasury company’s listing. 

Bitcoin
Source: BitBo

Reacting to the development, CEO Andrew Webley signaled more aggressive accumulation ahead. He stated,

“And we are only just getting started.”

Since its debut, The Smarter Web Company’s stock has pumped by over 520%, rivaling Bitcoin’s 28% gains in Q2.

Commenting on the firm’s remarkable returns to shareholders, Bitcoin Magazine’s David Bailey sarcastically said

“Was just told The Smarter Web Company IPO is the most successful IPO in UK history, dating back over the last 400 years.”

Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

Benjamin Njiri

Journalist

Benjamin Njiri is a Crypto Analyst and Reporter at AMBCrypto, specializing in technical analysis and emerging market trends. With a background in Telecoms engineering and power systems, he applies data analysis to filter market noise and decode on-chain data. His work delivers clear, data-driven insights that help readers navigate crypto markets with confidence.

AMBCrypto was founded in 2018 with a mission to simplify and bring the latest blockchain and cryptocurrency news to our readers. We have quickly grown into the digital news source for an emerging generation of cryptocurrency enthusiasts, reaching more than a million readers on a monthly basis, across the globe.