Analyst: UK-listed company purchases 83 BTC, raising total holdings to 2,830
2026-10-15 14:12:48
According to CoinMeta, as announced by the British listed company The Smarter Web Company on October 15th, the company purchased 83 units of BTC for approximately 5.202 million pounds, with an average purchase price of 62,676 pounds per unit. As a result, the total number of BTC held by the company increased to 2,830 units, and the net average holding cost per unit was about 81,979 pounds, resulting in a cumulative net expenditure of approximately 232 million pounds on coin purchases. So far this quarter, the return on BTC has been 1.98%. In addition, the company used some of the funds from recent preferred stock financing to repay loans under its Coinbase credit line, reducing the outstanding balance from about 17 million pounds to about 16 million pounds. The related loans are still secured by the company's existing Bitcoin holdings.
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