UK Bitcoin Reserve Company Buys More BTC, Stock Continues to Rise

The smart web company recorded its shares at 254% of this month because it brings its total Bitcoin Reserve Holdings to 543.52 BTC.

Based in Bristol, a smarter web company is British web design and an internet marketing company that began to accept Bitcoin as a means of payment in 2023. following your iPo in April.

Raised $ 2.86 million (£ 2.1 million) after on April 25 on the Aquis Buck Exchange Bullets List, and since then he has seen Its supplies increase from 4.50 to £ 292.50 as writing. This is a return of more than 6,400%.

Its market cap has also grown by 254% from early June, after buying bitcoin June 5,, June 10,, June 13,, June 19 and yesterday.

Said executive director Andrew Webley Decipher This percentage makes the company “included” the most successful IPO in the UK ever, “and notes that the sudden increase in shares has been encouraged by the Copycat wave.

“Ironically, since we started […] There are more than 21 [companies] That came out claiming that we were doing what we did since we stated two months ago, “he said.

In fact, he also notes that two companies with a list in the UK announced the BTC spare policy the same day he talked Decipher:: Gstechnologies and Truspine Technologies.

And without the name of the name, he suggests that some of the 21 companies he counted did not actually acquire any bitcoin, despite the announcement of BTC reserve policy.

“The United Kingdom potentially enters a small dangerous place, in fact, you know, people who claim to do it, not that they do it,” he says, adding that he reported that question to Acquis.

As with the US strategy, the funds to buy a smarter web company came primarily from the sale of ordinary shares. Webley said Decipher That the company has raised just over $ 74.9 million, or £ 55m, since April.

“We don’t have any debt, and we never raised discount money, so we always raise at a market price,” he added.

In terms of what has led to his interest in Bitcoin and his company that established a BTC reserve, Webley says that the Crypto currency is the “best assets in the world” because of fixed supply and decentralization.

“I believe in Bitcoin,” he said. “I think the recent history has proven that approach, so I like it with Bitcoin and why I keep our property in Bitcoin and not in cash.”

Webley also admits that Bitcoin is not risk without risk, given that it is “quite unstable assets.” But she believes that in the last six to 12 months she has become “more stable and less unstable.”

“This weekend is a good example, with an American action against Iran, and Bitcoin was incredibly chilled; I think it might be moved 3% or 4%, something like that,” he said.

The smart web company wants to bring its reserve up to 1,000 BTC for the next four months, although Webley doubts that he could actually achieve this turning point within three months.

Such growth can call the question of where the BTC company policy will leave its original business lines, although Webley confirms that the policy is intended to supplement and support the latter and not replace it somewhere down.

“If our business can grow, much bigger than it would be, with the power of Bitcoin, so more people know about us, so more people know about our services, then for someone who believes in Bitcoin, it’s quite cool,” he said.

Edited Stacy Elliott.