Bitcoin Purchase and
SWC Research Brief
The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF | FRA: 3M8), a London listed technology company, announces the purchase of additional Bitcoin as part of “The 10 Year Plan” which includes an ongoing treasury policy of acquiring Bitcoin. Details are as follows:
- Number of Bitcoin Purchased: 325 Bitcoin
- Average Purchase Price: £83,525 per Bitcoin ($112,157 per Bitcoin)
- Amount Purchased: £27,145,693
- Total Bitcoin Holdings: 1,600 Bitcoin
- Total Average Purchase Price: £79,534 per Bitcoin ($106,798 per Bitcoin)
- Total Amount Purchased: £127,253,776
- The Company has achieved a Year-to-Date BTC Yield of 39,258% on its treasury
- The Company has achieved a 30 Day BTC Yield of 419% on its treasury
- Approximate net cash in treasury available to be deployed into Bitcoin: £4,000,000 SWC Research Brief - The P/E Ratio for Bitcoin Treasury Companies: P/BYD The Smarter Web Company has today published a Research Brief to introduce a new metric (P/BYD) for analysing the performance and valuation of Bitcoin Treasury Companies. The P/BYD ratio aims to enable investors and analysts to understand better why a public company would hold Bitcoin as a treasury asset, in a similar way to the P/E ratio commonly used when evaluating traditional equities.
The Smarter Web Company believes that the P/BYD ratio may provide valuable insights for both the Bitcoin and the broader investor community to better understand the value proposition of Bitcoin Treasury Companies and today publishes this research brief. The SWC Research Brief “The P/E Ratio for Bitcoin Treasury Companies: P/BYD” is available on our website: https://investors.smarterwebcompany.co.uk/investors/research/
Provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. Reproduced from the company's published announcement after 19:00 UK on the day of publication; contact details and standard disclaimers omitted, see the official PDF for the complete text.