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X @Bitcoin Magazine
Bitcoin Magazine· 2025-09-30 15:11
EXCLUSIVE — Michael Saylor says Strategy's endgame is to accumulate a TRILLION dollars worth of #bitcoinThe Full Bitcoin Magazine Interview: https://t.co/1yERLyeraj ...
UK’s Largest Bitcoin Treasury Smarter Web Eyes ‘Struggling’ Competitor Acquisitions for Discount Prices
Yahoo Finance· 2025-09-12 13:50
Core Insights - Smarter Web Company is actively seeking acquisitions of distressed competitors to acquire their Bitcoin holdings at discounted prices [1][2] - The company has transformed from a website design business to a Bitcoin accumulation firm under its "10 Year Plan," holding 2,470 Bitcoin valued at approximately £200 million [3] - Despite a significant share price drop of 73% from mid-June, the company has achieved a year-to-date Bitcoin yield of 49,198%, positioning it among the top 25 global corporate Bitcoin holders [4] Company Strategy - The firm is considering acquiring other companies for their Bitcoin assets, as many crypto treasury firms are trading below the value of their Bitcoin holdings [2] - Smarter Web's aggressive accumulation strategy has been financed through innovative debt structures, including a Bitcoin-denominated convertible bond worth $21 million [4][5] - The company briefly reached a £1 billion market capitalization over the summer and has gained approximately 150% year-to-date, outperforming most companies in the FTSE 350 [6] Financial Performance - The company holds £500,000 in remaining treasury cash while maintaining a significant Bitcoin reserve [4] - The principal repayment of the convertible bond is denominated in Bitcoin, with a fixed conversion share price representing a 5% premium to the stock's closing price at issuance [5] - The appointment of a new CFO aims to attract institutional investor interest and pursue ambitions for FTSE 100 inclusion [6]
X @Bitcoin Archive
Bitcoin Archive· 2025-08-30 13:27
JUST IN: Bitcoin accumulator addresses are stacking at the fastest pace in history. 🟧 https://t.co/1Sw9trClvQ ...
X @Bitcoin Archive
Bitcoin Archive· 2025-08-11 14:40
JUST IN: Bitcoin accumulator address demand hits a new all-time high 📈Diamond hands are buying more Bitcoin than ever before 💎 https://t.co/Gxsfp5jQU1 ...