Smarter Web Don Grow BTC Treasury to 1,600 and Launch Metric
Di London-based Smarter Web don increase im Bitcoin holdings on July 16, dem buy 325 BTC for £27.15 million ($36.45 million) under di 10-Year Plan. Dem total Bitcoin holdings now dey 1,600 BTC with average cost of £79,534 per coin. Di treasury value don reach over £127 million, and e don deliver yield pass 39,000%, including 419% gain inside di past 30 days. Di company start to accept Bitcoin payments for 2023 and dem dey see Bitcoin as digital gold and inflation hedge against currency risk. Dem come show proprietary valuation metric wey dey track on-chain velocity relative to supply, and dem go publish di indicator monthly to improve transparency. With £4 million cash reserved for further Bitcoin purchases and target to join top corporate treasuries, Smarter Web disciplined accumulation strategy na like wetin MicroStrategy and Tesla dey do, e show say institutional adoption dey rise for crypto market.
Bullish
Smarter Web di dey continue dey gather Bitcoin plus their commitment to make valuation transparent and data-driven dey boost confidence for institutions and set framework for disciplined corporate buying. For short term, the monthly metric fit make more investors interested and help price to keep momentum. For long term, steady increase for corporate BTC reserves, wey follow the strategy from MicroStrategy and Tesla, dey help make price floor strong and support bigger market stability.