Right then, listen up! There’s this company, see, called The Smarter Web Company – sounds a bit stuck-up, doesn’t it? 🤔 Anyway, they’ve gone and done something rather peculiar. As part of their bonkers “10 Year Plan” (ten years! Good heavens, who plans that far ahead?), they’ve decided to hoard Bitcoins like a squirrel hoarding nuts for a nuclear winter.
They just splashed out a whopping £3.5 million on these digital thingamajigs. Apparently, they paid £77,437 for each Bitcoin, which is about $104,935 in proper money. After this little spending spree, they’ve now got 168.08 Bitcoins stashed away. Goodness gracious! 💰
Here’s the nitty-gritty, if you can stomach it:
- New Bitcoins Acquired: 45.32 (Blimey!)
- Purchase Price: £3,509,370 (That’s a lot of dough!)
- Total Holdings: 168.08 BTC (Still don’t know what to do with them!)
- Average Purchase Price: £78,060 per BTC ($105,779 per BTC) (More than my house!)
- Cumulative Investment: £13,120,000 (They must be bonkers!)
So, The Smarter Web Company is trying to be all modern and digital, shoving Bitcoins onto their balance sheet like a kid shoving sweets into his mouth. They reckon it’s a clever move, joining all the other big-shot companies who are doing the same. A long-term hedge, they call it. Sounds like a fancy way of saying “we’re gambling with company money!” 💸
This Bitcoin splurge means they’re super confident about the future of these digital doodads. Either that, or they’ve all gone completely round the twist! 🤪
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2025-06-10 20:56