UK's largest bitcoin treasury company Smarter Web Company listed on London Main Board
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The UK's largest bitcoin treasury company, Smarter Web Company, was successfully listed on the main board market of the London Stock Exchange on February 3, with the stock code "SWC". On its first day, the share price was 43 pence, with a market capitalization of approximately £118 million. The company's CEO, Andrew Webley, expressed confidence in entering the FTSE 250 Index by September 2026 and ultimately advancing to the FTSE 100 Index. Founded in 2009, Smarter Web Company has recently shifted its strategy to holding bitcoin, and has already purchased 2,674 bitcoins at an average purchase price of around $111,000. Webley stated that the company plans to continue increasing its bitcoin holdings.
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