The Smarter Web Company buys 27 more Bitcoin, boosting holdings to 2,805 coins.

The Smarter Web Company has purchased an additional 27 Bitcoin for £1.53 million, increasing its total Bitcoin holdings to 2,805. This move is part of the company's ongoing "10 Year Plan" to accumulate cryptocurrency. The average price paid for the latest purchase was £56,799 per Bitcoin, while the overall average purchase price stands at £81,544. The company is leveraging a £15 million credit facility secured against its Bitcoin assets, with a variable interest rate of 6.75% to 7.25%. Following the announcement, the company's shares rose by 8.2% to 39.01p in London trading.