UK Tech Firm Expands Bitcoin Portfolio to 543 BTC Amid Market Recovery
The Smarter Web Company, a London-based tech firm, has significantly increased its Bitcoin holdings by acquiring an additional 196 BTC, bringing its total to 543.52 BTC, valued at approximately £42.38 million ($58.15 million). This strategic purchase, made during Bitcoin's recent recovery rally, underscores the company's confidence in the cryptocurrency's long-term value. The rally was partly fueled by eased geopolitical tensions between the US and Iran, which contributed to a rebound in market sentiment. Unlike other corporations that capitalize on crypto price dips, The Smarter Web Company timed its investment to align with the market's upward trajectory, demonstrating a bullish outlook on Bitcoin's future. As of August 2025, this move highlights the growing trend of institutional and corporate adoption of digital assets as a hedge against volatility and a store of value.
UK’s Smarter Web Company Bolsters Bitcoin Holdings Amid Geopolitical Market Rebound
The Smarter Web Company has acquired an additional 196 Bitcoin, bringing its total holdings to 543.52 BTC valued at £42.38 million ($58.15 million). The London-based tech firm's latest £15 million purchase occurred during Bitcoin's recovery rally, triggered by eased US-Iran tensions after missile interceptions.
Unlike corporations capitalizing on crypto dips, the company timed its investment at the rebound's inflection point. bitcoin surged 3.65% to $105,730 following the geopolitical de-escalation, having previously tumbled after US airstrikes on Iranian nuclear sites.
Sequans Communications Raises $384M for Bitcoin Treasury Initiative
Sequans Communications S.A. (NYSE: SQNS) unveiled plans to establish a Bitcoin treasury strategy, securing $384 million through private placements. The Paris-based semiconductor firm will allocate $195 million in equity securities and $189 million in convertible debentures to fund the initiative, partnering with Swan Bitcoin for treasury management.
"Bitcoin's unique properties position it as a cornerstone asset for corporate balance sheets," said CEO Georges Karam. The MOVE follows ProCap Financial's SPAC merger announcement to hold up to $1 billion in Bitcoin, signaling growing institutional adoption.
Crypto's Mainstream Adoption Remains Elusive Despite Bitcoin's Trillion-Dollar Milestone
Bitcoin's journey from fringe technology to a $1 trillion asset class has reshaped financial discourse, yet full mainstream adoption remains uncertain. The cryptocurrency emerged as a rebellion against centralized finance, offering digital sovereignty amid growing distrust of traditional institutions.
Stablecoins now bridge the gap between crypto's volatility and practical usability, addressing Bitcoin's limitations for daily transactions. While adoption grows globally as a hedge against inflation and authoritarianism, technical complexity continues to hinder widespread acceptance.
Bitcoin Solaris Gains Traction as Presale Hits $5M with 11,500 Holders
Bitcoin Solaris (BTC-S) enters phase 9 of its presale at $9 per token, having raised over $5 million from more than 11,500 investors. The project distinguishes itself through functional utility, notably its Nova App that transforms smartphones into mining devices using idle CPU/storage capacity. Early adopters are already earning BTC-S rewards through a closed beta.
The hybrid blockchain architecture combines Proof-of-Work, Proof-of-Capacity, and innovative layers (Proof-of-Stake/History/Time) to achieve testnet speeds exceeding 10,000 TPS. This technical framework supports the project's casino platform where tokens are actively used for rewards distribution.
Metaplanet Expands Bitcoin Treasury to $1 Billion with Strategic $118M Purchase
Metaplanet, a Japan-based investment firm, has aggressively increased its Bitcoin holdings to over $1 billion by acquiring an additional $118 million worth of BTC. The latest purchase brings its total stash to approximately 11,111 BTC, positioning the company among the largest institutional holders of the cryptocurrency.
The acquisition was timed to capitalize on a recent price dip, funded through a $210 million bond issuance. Metaplanet's strategy mirrors MicroStrategy's debt-fueled Bitcoin accumulation, underscoring institutional confidence in BTC as a treasury reserve asset.
Originally targeting 10,000 BTC by 2025, Metaplanet has since tripled its ambition to 30,000 BTC. This bold revision suggests the company anticipates significant upside potential despite market volatility.
Australian Court Ruling Challenges Crypto Taxation Framework, Classifying Bitcoin as Money
A recent Australian court decision has upended the conventional tax treatment of cryptocurrencies, potentially reshaping the regulatory landscape for digital assets. The ruling by Judge Michael O'Connell in a case involving 81.6 BTC stolen from a federal police officer classified Bitcoin as money rather than a taxable asset—directly contradicting the Australian Taxation Office's longstanding position.
The judgment draws a parallel between Bitcoin and fiat currency, diverging from the current classification of crypto as property subject to capital gains tax. This interpretation could exempt Bitcoin transactions from capital gains tax obligations if adopted more widely, creating a significant discrepancy between judicial and administrative perspectives.
Australia's tax office continues to maintain its framework treating crypto swaps, DeFi transactions, and wrapped tokens as capital gains events. The conflicting positions create uncertainty for traders contesting their tax liabilities, with the court's money classification offering potential relief from capital gains taxation.