Saturday, July 11, 2026
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Bitcoin’s High Euphoria Spurs UK Company’s $4.7 Million Buy

by SB Crypto Guru News
June 12, 2025
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A handful of UK-listed companies have taken fresh steps to tie their balance sheets more closely to Bitcoin. Moves range from making new purchases to routing gold revenues and even opening retail crypto trading on the London Stock Exchange. The developments show growing corporate interest in holding and trading digital assets alongside more traditional operations.

Smarter Web Boosts Bitcoin Stash

According to company filings, The Smarter Web Company added 45.32 BTC this month, spending $4.73 million. Its total hoard now stands at 168 BTC. That marks an over 55% jump from its previous buy. The firm first rolled out its “10 Year Plan” in April as a way to build up a long-term treasury.

Source: Alternative.me

Based on reports, it has invested nearly $18 million so far, buying Bitcoin at an average of $105,779 each. Buying when the market’s Greed index hit 72 shows they’re willing to hold through ups and downs.

The Smarter Web Company (#SWC) RNS Announcement: Bitcoin Purchase.

Purchase of additional Bitcoin as part of “The 10 Year Plan” which includes an ongoing treasury policy of acquiring Bitcoin.

Please read the RNS on our website: https://t.co/z59Xf4oBRU pic.twitter.com/vmtFzjsQeY

— The Smarter Web Company (@smarterwebuk) June 10, 2025

Mining Firm Converts Gold Sales

Bluebird Mining Ventures Ltd, known for its gold operations, said it will funnel future revenue directly into Bitcoin. The miner aims to become the first UK-listed gold company with a fully BTC-focused treasury strategy. It made the decision after Bitcoin climbed to a record high of $111,965 in May.

Management sees this as a store of value alongside its mining output. The plan calls for regular conversions as income grows, betting that Bitcoin gains will outpace traditional reserves.

BTC is now trading at $110,223. Chart: TradingView

Trading Platform Opens Crypto Doors

IG Group, a long-standing trading firm on the London Stock Exchange, rolled out a new service this week. Retail clients can now buy and sell Bitcoin, Ethereum, and Ripple straight through IG’s regulated platform.

Previously, investors had to use ETFs or third-party wallets. The change means IG can tap into rising demand for direct crypto exposure. It also positions the firm to earn new fee revenue as more traders flock to its site.

Treasury Trend Spreads Among Firms

Based on market observers, several other British companies are weighing similar moves. Capital-heavy businesses are talking about setting aside funds for Bitcoin. Some view it as a buffer against inflation. Others simply don’t want to miss out if prices climb further.

While corporate treasurers were once cautious, the steady drumbeat of high crypto returns has pushed more boards to at least discuss pilot programs.

Taken together, these actions suggest that digital assets are no longer fringe experiments for big companies. They’re becoming part of mainstream treasury playbooks.

Featured image from Pexels, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





Source link

Tags: Bitcoin NewsBitcoinsBuyCompanysCrypto NewsCrypto UpdatesEuphoriaHighLatest News on CryptoMillionSB Crypto Guru NewsSpurs
Previous Post

Crypto Scam Costs Glenda Rogan a 10-Year Ban from ASIC

Next Post

Syria Opens to Crypto as Binance Launches Trading After Years of Restrictions

Related Posts

Ransomware Hacker Pleads Guilty After M Bitcoin Extortion Scheme

Ransomware Hacker Pleads Guilty After $15M Bitcoin Extortion Scheme

by SB Crypto Guru News
July 11, 2026
0

Key TakeawaysAuthorities said the cybercrime campaign collected roughly 1,610 bitcoin, with a Michigan company alone transferring 200 bitcoin after an...

Bitcoin Bulls Eye ,000 As Relief Rally Runs Into A Real Resistance Test

Bitcoin Bulls Eye $59,000 As Relief Rally Runs Into A Real Resistance Test

by SB Crypto Guru News
July 11, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin Bulls Eye $59,000 as Relief Rally...

Backpack Says It Launched 24/7 U.S. Equity Access

Backpack Says It Launched 24/7 U.S. Equity Access

by SB Crypto Guru News
July 10, 2026
0

July 10 (Crypto-News.Net) – Backpack said it launched 24/7 access to selected U.S. equities for eligible international investors, adding a...

U.S. Representatives Urge Senate To Vote On CLARITY Act In July, Address Ethics Concerns

U.S. Representatives Urge Senate To Vote On CLARITY Act In July, Address Ethics Concerns

by SB Crypto Guru News
July 10, 2026
0

Rep. French Hill wants a deadline.  One year after the House passed the Digital Asset Market CLARITY Act, the Arkansas...

DOJ Crypto Charge Targets Forfeited Funds

DOJ Crypto Charge Targets Forfeited Funds

by SB Crypto Guru News
July 10, 2026
0

The DOJ crypto charge against Rossen G. Iossifov centers on an alleged $290,000 cryptocurrency transfer involving assets ordered forfeited after...

Load More
Next Post
Syria Opens to Crypto as Binance Launches Trading After Years of Restrictions

Syria Opens to Crypto as Binance Launches Trading After Years of Restrictions

COVID-19 Lockdown Pushed Michael Saylor Toward Bitcoin

COVID-19 Lockdown Pushed Michael Saylor Toward Bitcoin

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.