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IN BRIEF: Smarter Web ups bitcoin stash to 1,600, worth £127 million

ALN

Smarter Web Co PLC - Bristol, England-based web design agency - Purchases additional bitcoin as part of its bitcoin treasury policy. Buys 325 bitcoin at an average price of £83,525 each, resulting in a total amount of £27.1 million bitcoin purchased. Smarter Web’s total holding now is 1,600 bitcoin, at an average price of £79,534 each, totalling £127.3 million. Net cash available to be deployed into more bitcoin is around £4.0 million.

Current stock price: 275.00 pence on the Aquis Stock Exchange on Wednesday morning, down 21% from 346.00p last trade on Tuesday evening

12-month change: up from 4.50p in April

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