SWC CEO Andrew Webley Reports Bitcoin Buy and £542K Raise

BTC-2,22%

The Smarter Web Company added more Bitcoin to its balance sheet this week. CEO Andrew Webley shared the update in a public post on February 14. He confirmed the firm bought 15 BTC. This marks its second purchase of the year. This brings the company’s total Bitcoin acquired in 2026 to 25 BTC

At the same time, the firm raised £542,897 through an ATM-style share facility. Webley said the company continues to build its Bitcoin treasury despite weak market sentiment. He also stressed that the firm is focused on long term strategy. Rather than short term price swings.

New Bitcoin Purchase Expands Treasury

Andrew Webley said the company added 15 BTC during the week. This follows an earlier purchase in 2026. As a result, the total Bitcoin acquired this year now stands at 25 BTC. He described the buy as acceptable given current market conditions. But he also noted that Smarter Web aims to increase future purchases. The firm continues to treat Bitcoin as a core treasury asset

SWC CEO framed the move as part of a broader shift toward what he called “digital capital.” He also said volatility is normal in Bitcoin’s history. According to him, the asset often tests investor conviction during downturns. Still, he believes long term holders have usually benefited over time.

SWC Raises £542K Through Share Facility

Alongside the Bitcoin purchase, the Smarter Web Company completed a capital raise. It secured £542,897 before expenses through its ATM-style facility. The shares were sold at an average price of about £0.38 each

Andrew Webley didn’t signal any immediate change in strategy. Instead, he said the funds would support ongoing operations and treasury growth. He also emphasized the importance of strengthening the business across all areas. According to the SWC CEO, the company is now in its strongest position yet. He credited the team and the wider community for that progress.

Institutional Interest Remains Strong

Despite the recent market weakness, Andrew Webley said institutional interest in Bitcoin remains solid. He noted that many institutions now view current prices as an entry point. This outlook aligns with the company’s long term thesis. He also highlighted upcoming events and partnerships. Strategy CEO Phong Le will speak at the company’s Bitcoin Treasuries Unconference in May

Andrew Webley said he is pleased with the growing list of speakers. In addition, the company continues to promote its Bitcoin treasury analytics tools. It recently improved the speed of its dashboard. Future updates may add more metrics based on community feedback.

Focus Remains on Long-Term Digital Capital Strategy

SWC CEO closed the update with a forward looking message. He said SWC is preparing for more conferences and institutional meetings in the coming months. The goal is to strengthen operations and expand its Bitcoin treasury. He also repeated a core belief behind the strategy. In his view, the world is moving toward digital capital. Periods of uncertainty are part of that transition, not a contradiction of it. For now, the company plans to keep building its Bitcoin reserves while markets remain uncertain.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Strategy Yesterday increased its holdings of 3,447 BTC through STRC, worth $250 million

Gate News message: On April 12, according to @BitcoinArchive monitoring, Strategy added 3,447 bitcoins worth $250 million yesterday (April 11) through its perpetual preferred stock product STRC. This increase is equivalent to the supply of bitcoin mined by the network over the past 8 days.

GateNews1m ago

A certain CEX’s Bitcoin whale inflows for the first time since June 2025 fell below $3 billion

CryptoQuant analyst Amr Taha noted that a major Bitcoin whale inflow to a certain CEX platform first fell below $3 billion; the market value of long-term holders recovered to $49 billion, while short-term holders fell to -$54 billion. This indicates that weak hands are distributing Bitcoin, while long-term holders are re-absorbing it.

GateNews15m ago

Bitcoin Falls Below $71,000, Down 2.65% Over 24 Hours

Gate News message, April 12, market data shows that Bitcoin fell below $71,000, with a 24-hour drop of 2.65%.

GateNews25m ago

BTC 15-minute chart slightly down 0.57%: leveraged long positions passively cut risk and macro sentiment disturbances drive volatility

2026-04-12 12:45 to 13:00 (UTC), the BTC price range was 71081.7 to 71493.2 USDT, with an amplitude of 0.58%. Within 15 minutes, the return recorded was -0.57%. During the period of unusual activity, market volatility increased somewhat, risk sentiment warmed up, and overall attention rose; however, there was no extreme surge in volume or a sudden drop in liquidity. The main driver behind this unusual activity is that, under the leverage structure, long positions were reduced passively. Recently, the funding rate for perpetual contracts turned from negative to positive. Leverage among longs in the market accumulated; the price dipped slightly, triggering liquidations of some leveraged long positions and sell orders for position closures, resulting in

GateNews26m ago

BTC 跌破 71000 USDT

Gate News bot 消息,Gate 行情显示,BTC 跌破 71000 USDT,现价 70969.4 USDT。

CryptoRadar28m ago

This 'Space Invaders' Clone Game Pays Real Bitcoin—If You're Skilled, Lucky or Rich

In brief A new game based on the arcade classic Space Invaders will let one person earn a real Bitcoin reward. To claim the reward ,they must destroy 10,000 BTC worth of transactions that mirror actual activity on the blockchain. The winner will earn a 10,000 sats bounty, valued

Decrypt46m ago
Comment
0/400
No comments