Smarter Web Doubles Down: 50 BTC Purchase Boosts Bitcoin Holdings to $229M
Smarter Web just dropped a quarter-billion-dollar bet on Bitcoin—because apparently, traditional finance wasn't volatile enough.
The firm's latest 50 BTC scoop pushes its total stash to a jaw-dropping $229 million. While Wall Street plays with bonds, these guys are stacking digital gold like it's 2021.
Who needs diversified portfolios when you've got diamond hands and a time-tested strategy of 'number go up'? The move signals either extreme confidence or spectacular hubris—we'll know which when the next halving hits.
The Smarter Web Company has purchased an additional 50 Bitcoin, increasing its total holdings to 2,100 BTC, worth approximately $229.6 million. This move aligns with the company’s ongoing strategy to use Bitcoin as a core treasury asset and hedge against traditional market volatility. Since publicly adopting a Bitcoin treasury policy in 2023, the company has steadily increased its Bitcoin assets, reflecting confidence in the cryptocurrency’s long-term value. The company continues to integrate Bitcoin into its financial strategy and operations.