The Smarter Web Company Buys 35 Bitcoin, Holdings Reach 2,747 Crypto News

on September 3, 2026
  • Smarter Web Company adds 35 BTC at an average £82,562 per Bitcoin, bringing total holdings to 2,747 BTC.
  • Smarter Web Company reports £235.5 million in gross Bitcoin purchases and £8.7 million in gross sales since April 2025.
  • The company has drawn £20.5 million from Coinbase’s credit facility, secured against Bitcoin at a 6% variable rate.
The Smarter Web Company has added 35 Bitcoin to its treasury, spending about £2 million, or roughly $2.7 million. The U.K. public company disclosed the purchase Sept. 2, lifting its Bitcoin holdings to 2,747 BTC under its 10 Year Plan. The plan includes an ongoing policy of acquiring Bitcoin for its treasury.

Treasury Adds 35 Bitcoin

The company’s latest purchase carries a net average cost of £82,562 per Bitcoin. According to its disclosure, Smarter Web Company has made gross Bitcoin purchases worth £235.5 million. However, the company has also recorded gross Bitcoin sales worth £8.7 million.

The latest purchase adds to a Bitcoin treasury strategy that began on April 28, 2025. Smarter Web Company started with 2.3 BTC, purchased for $215,695 at that time. Since then, the company has continued buying Bitcoin under its stated 10 Year Plan.

Coinbase Credit Facility

Alongside the Bitcoin purchase, Smarter Web Company disclosed £20.5 million in total drawings under its Coinbase Strategic Credit Facility. The amount represents an approximate leverage ratio of 14.8%.

The facility remains secured against the company’s existing Bitcoin holdings. It carries a variable interest rate of 6%, while the company can repay it without additional charges. The latest treasury update also comes as Bitcoin trades below its recent August high.

Bitcoin briefly moved above $80,000 in late August before falling below $77,000 at the time of writing. Strategy also changed its Bitcoin holdings during the same period. The company recently bought 4,603 BTC for $370 million after selling 6,916 BTC earlier in the summer.

Bitcoin Price

The recent price move provides the market backdrop for Smarter Web Company’s latest purchase. Bitcoin had recovered above $80,000 in late August before giving back part of that move. Meanwhile, the September disclosure details both Smarter Web Company’s holdings and financing position.

The company now reports 2,747 BTC and £20.5 million in credit facility drawings. The company’s Bitcoin accumulation began in April 2025, when it purchased its initial 2.3 BTC. Its latest purchase adds another 35 BTC to that treasury, bringing the reported total to 2,747 BTC.

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