Initial Public Offering (IPO) for my British bitcoin holding company took place fortnight ago; share prices have since doubled.
Smarter Web Company Hops Closer to FTSE 100 With Bitcoin Strategy
Andrew Webley, founder of The Smarter Web Company, is seeing his dream of joining the FTSE 100 come closer to reality. The Surrey-based web design firm launched its IPO on the Aquis Exchange last month with a promising start.
With a price of 2.5 pence per share, the IPO raised £1 million, and the company has since grown. As of May 2nd, Smarter Web Company shares had almost doubled to 4.88 pence each, with a market cap of £7.16 million.
While web design and digital marketing services are part of the firm's offerings, it's their digital asset treasury policy centered around bitcoin that has caught the attention of investors, drawing comparisons to US star Microstrategy.
After commencing trading on April 25th, The Smarter Web Company has become the most traded stock on Aquis by volume. The average daily volume since trading started is 82,861, with 404,415 shares changing hands this week alone and 9,890 on its first day of trading.
Support from investors has been overwhelming, as Webley mentioned, with people appreciating the company's transparency and hardworking approach. And just two weeks after the IPO, the firm announced its latest bitcoin purchase worth £244,000, increasing its holdings to 5.74 bitcoin worth £414,000.
Looking ahead, The Smarter Web Company aims to grow its client numbers and make strategic acquisitions while maintaining a focus on its digital asset treasury. The company's innovative treasury management using digital assets like Bitcoin offers potential investors an attractive opportunity for organic growth and digital asset holding appreciation.
Webley shared his gratitude for the support and emphasized the importance of executing the strategy successfully to keep the excitement going. The Smarter Web Company's forward-thinking approach to growth and a dynamic Bitcoin treasury policy may represent an exciting investment opportunity for those looking to capitalize on web design, digital marketing services, and the digital asset sector.
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OVERVIEW
Combining organic growth, acquisitions, and a pioneering Bitcoin treasury strategy, The Smarter Web Company is positioned for growth in the digital asset and web design market.
- Growth Strategy:
- Organic scaling: focusing on targeted marketing and service enhancements for its 250+ active client websites[3].
- Acquisition focus: actively pursuing strategic acquisitions to broaden service range and footprint[1][3].
- Bitcoin Treasury Strategy:
- Long-term value preservation: allocating reserves to Bitcoin as a hedge against monetary debasement, emphasizing its liquidity and store-of-value properties[1][3].
- Initial allocation: disclosed holdings of 2.30 Bitcoin purchased at an average price of £73,834 (~£170,000 total) as part of its Digital Assets Treasury Policy[3].
- Incorporation without overhaul: Bitcoin holdings integrated within existing capital allocation frameworks, rather than restructuring the business model[1][2].
- The Smarter Web Company, with its innovative Bitcoin treasury policy, is drawing comparisons to US company Microstrategy in the investing world.
- Andrew Webley, founder of The Smarter Web Company, sees his dream of joining the FTSE 100 approaching, as the company's stocks have been the most traded on Aquis Exchange by volume.
- With a focus on organic growth, acquisitions, and a pioneering Bitcoin treasury strategy, The Smarter Web Company is poised for growth in the digital asset and web design market.
- The Smarter Web Company's growth strategy includes targeted marketing, service enhancements, and strategic acquisitions to broaden its service range and footprint.
- The company's long-term value preservation strategy involves allocating reserves to Bitcoin as a hedge against monetary debasement, emphasizing its liquidity and store-of-value properties.
- Webley, the founder, expressed his gratitude for the support and highlighted the importance of executing the strategy successfully to maintain investor interest in the company's stocks and digital asset sector.
