The Smarter Web Company is a London-listed web design and digital marketing company that holds BTC as its primary treasury reserve asset and buys more BTC with capital it raises.
London Stock Exchange:SWC- BTC holdings
- 2,747
- Cost Basis
- —
- Average cost / BTC
- —
- Change since start of year
- +83 BTC
$202.04M · as of Sep 30, 2026 · price as of Nov 11, 2026
NgU — · as of Sep 30, 2026
+3.1%
- Market Cap
- $172.46M
- Enterprise Value
- $211.75M
- mNAV
- 1.05×
- Holdings per Share (BTC)
- —
Balance sheet values as of Apr 30, 2026, basic shares as of Sep 28, 2026: Interim report · Jun 30, 2026RNS · Sep 28, 2026
Asset holdings
Latest reported holdings for each asset. Cost Basis is the reported total cost. It can include fees and staking income. It does not give the date or price of each Purchase.
| Asset | Holdings | Cost Basis | As of | Sources |
|---|---|---|---|---|
| BTC | 2,747 | Not reported | Sep 30, 2026 |
HoldingsBTC vs USD value
2,747 BTC
$202.72M USD value · as of 2026-11-10
- BTC Holdings (left)
- USD Value (right)
BTC Reserve
2,747 BTC
Average Cost $108,238 / BTC · 40 Purchases and 1 Sale since 2025-04-30
- Holdings
- Average Cost
- Purchase (size = amount)
- Sale (size = amount)
BTC historical holdings
| Date | Change | Holdings | Cumulative cost | Average Cost | Sources |
|---|---|---|---|---|---|
| Sep 30, 2026 | 00% | 2,747 | — | — | |
| Sep 2, 2026 | +35+1.29% | 2,747 | — | — | |
| Sep 2, 2026Purchase | +35 | — | — | — | |
| Aug 3, 2026 | -166-5.77% | 2,712 | — | — | |
| Aug 3, 2026Purchase | +11.89 | — | — | — | |
| Jul 23, 2026Sale | -177.8909127 | — | — | — | |
| Jun 30, 2026 | 00% | 2,878 | $311.51M | $108,238 | |
| May 29, 2026 | +9+0.31% | 2,878 | $311.51M | $108,238 | |
| May 29, 2026Purchase | +9 | — | — | — | |
| May 26, 2026 | +10+0.35% | 2,869 | $310.85M | $108,348 | |
| May 26, 2026Purchase | +10 | — | — | — | |
| May 21, 2026 | +19+0.67% | 2,859 | $310.1M | $108,466 | |
| May 21, 2026Purchase | +19 | — | — | — | |
| May 15, 2026 | +10+0.35% | 2,840 | $308.63M | $108,673 | |
| May 15, 2026Purchase | +10 | — | — | — | |
| May 12, 2026 | +25+0.89% | 2,830 | $307.84M | $108,778 | |
| May 12, 2026Purchase | +25 | — | — | — | |
| May 5, 2026 | +27+0.97% | 2,805 | $305.84M | $109,033 | |
| May 5, 2026Purchase | +27 | — | — | — | |
| Apr 30, 2026 | 00% | 2,778 | $305.51M | $109,975 | |
| Apr 29, 2026 | +28+1.02% | 2,778 | $303.79M | $109,355 | |
| Apr 29, 2026Purchase | +28 | — | — | — | |
| Apr 24, 2026 | +44+1.63% | 2,750 | $301.63M | $109,684 | |
| Apr 24, 2026Purchase | +44 | — | — | — | |
| Apr 14, 2026 | +11+0.41% | 2,706 | $298.27M | $110,226 | |
| Apr 14, 2026Purchase | +11 | — | — | — | |
| Mar 31, 2026 | 00% | 2,695 | — | — | |
| Mar 10, 2026 | +3+0.11% | 2,695 | $297.48M | $110,382 | |
| Mar 10, 2026Purchase | +3 | — | — | — | |
| Mar 2, 2026 | +3+0.11% | 2,692 | $297.28M | $110,433 | |
| Mar 2, 2026Purchase | +3 | — | — | — | |
| Feb 11, 2026 | +15+0.56% | 2,689 | $297.09M | $110,484 | |
| Feb 11, 2026Purchase | +15 | — | — | — | |
| Jan 22, 2026 | +10+0.38% | 2,674 | $296.04M | $110,711 | |
| Jan 22, 2026Purchase | +10 | — | — | — | |
| Nov 4, 2025 | +4+0.15% | 2,664 | $295.14M | $110,789 | |
| Nov 4, 2025Purchase | +4 | — | — | — | |
| Oct 31, 2025 | 00% | 2,660 | $294.89M | $110,862 | |
| Oct 21, 2025 | +10+0.38% | 2,660 | $294.7M | $110,790 | |
| Oct 21, 2025Purchase | +10 | — | — | — | |
| Oct 13, 2025 | +100+3.92% | 2,650 | $293.59M | $110,788 | |
| Oct 13, 2025Purchase | +100 | — | — | — | |
| Oct 7, 2025 | +25+0.99% | 2,550 | $281.45M | $110,373 | |
| Oct 7, 2025Purchase | +25 | — | — | — | |
| Sep 23, 2025 | +55+2.23% | 2,525 | $278.38M | $110,248 | |
| Sep 23, 2025Purchase | +55 | — | — | — | |
| Sep 10, 2025 | +30+1.23% | 2,470 | $272.21M | $110,205 | |
| Sep 10, 2025Purchase | +30 | — | — | — | |
| Aug 28, 2025 | +45+1.88% | 2,440 | $268.86M | $110,189 | |
| Aug 28, 2025Purchase | +45 | — | — | — | |
| Aug 12, 2025 | +295+14.05% | 2,395 | $263.87M | $110,176 | |
| Aug 12, 2025Purchase | +295 | — | — | — | |
| Aug 8, 2025 | +50+2.44% | 2,100 | $228.77M | $108,936 | |
| Aug 8, 2025Purchase | +50 | — | — | — | |
| Jul 30, 2025 | +225+12.33% | 2,050 | $222.97M | $108,767 | |
| Jul 30, 2025Purchase | +225 | — | — | — | |
| Jul 25, 2025 | +225+14.06% | 1,825 | $196.35M | $107,591 | |
| Jul 25, 2025Purchase | +225 | — | — | — | |
| Jul 16, 2025 | +325+25.49% | 1,600 | $170.15M | $106,344 | |
| Jul 16, 2025Purchase | +325 | — | — | — | |
| Jul 11, 2025 | +275+27.5% | 1,275 | $133.85M | $104,984 | |
| Jul 11, 2025Purchase | +275 | — | — | — | |
| Jul 7, 2025 | +226.42+29.27% | 1,000 | $104.6M | $104,599 | |
| Jul 7, 2025Purchase | +226.42 | — | — | — | |
| Jul 1, 2025 | +230.06+42.33% | 773.58 | $80.7M | $104,323 | |
| Jul 1, 2025Purchase | +230.05 | — | — | — | |
| Jun 24, 2025 | +196.89+56.8% | 543.52 | $56.68M | $104,279 | |
| Jun 24, 2025Purchase | +196.9 | — | — | — | |
| Jun 19, 2025 | +104.29+43.03% | 346.63 | $36.37M | $104,934 | |
| Jun 19, 2025Purchase | +104.28 | — | — | — | |
| Jun 13, 2025 | +119.58+97.41% | 242.34 | $25.53M | $105,356 | |
| Jun 13, 2025Purchase | +74.27 | — | — | — | |
| Jun 5, 2025 | +39.52+47.48% | 122.76 | $12.85M | $104,679 | |
| Jun 5, 2025Purchase | +39.52 | — | — | — | |
| May 29, 2025 | +24.53+41.78% | 83.24 | $8.74M | $105,053 | |
| May 29, 2025Purchase | +24.53 | — | — | — | |
| May 23, 2025 | +23.09+64.82% | 58.71 | $6.07M | $103,397 | |
| May 23, 2025Purchase | +23.09 | — | — | — | |
| May 20, 2025 | +16.42+85.52% | 35.62 | $3.6M | $100,977 | |
| May 20, 2025Purchase | +16.42 | — | — | — | |
| May 14, 2025 | +8.61+81.3% | 19.2 | $1.89M | $98,193 | |
| May 14, 2025Purchase | +8.61 | — | — | — | |
| May 7, 2025 | +4.85+84.49% | 10.59 | $1.02M | $95,958 | |
| May 7, 2025Purchase | +4.85 | — | — | — | |
| Apr 30, 2025 | +3.44+149.57% | 5.74 | $553.56K | $96,439 | |
| Apr 30, 2025Purchase | +3.44 | — | — | — | |
| Apr 28, 2025 | — | 2.3 | — | — |
Advanced metrics
| Date | BTC holdings | Shares outstanding | BTC per share | Stock price | Market Cap | Financials | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance | Cost Basis | Value | Basic | Diluted | Basic | Diluted | Basic | Diluted | Cash | Debt | ||
| Sep 30, 2026 | 2,747 | — | $229.71M | 375.6M | — | 0.000007314 | — | $0.92 | $344.71M | — | $1.7M | $40.99M |
| Sep 2, 2026 | 2,747 | — | $212.45M | 375.6M | — | 0.000007314 | — | $0.42 | $158.19M | — | $1.7M | $40.99M |
| Aug 3, 2026 | 2,712 | — | $172.27M | 375.6M | — | 0.000007221 | — | $0.38 | $142.12M | — | $1.7M | $40.99M |
| Jun 30, 2026 | 2,878 | $311.51M | $168.72M | 375.6M | — | 0.000007663 | — | $0.33 | $125.68M | — | $1.7M | $40.99M |
| May 29, 2026 | 2,878 | $311.51M | $211.42M | 375.6M | — | 0.000007663 | — | $0.41 | $153.17M | — | $1.7M | $40.99M |
| May 26, 2026 | 2,869 | $310.85M | $217.84M | 375.6M | — | 0.000007639 | — | $0.42 | $156.34M | — | $1.7M | $40.99M |
| May 21, 2026 | 2,859 | $310.1M | $221.9M | 375.6M | — | 0.000007612 | — | $0.44 | $165.73M | — | $1.7M | $40.99M |
| May 15, 2026 | 2,840 | $308.63M | $224.68M | 375.6M | — | 0.000007561 | — | $0.49 | $182.27M | — | $1.7M | $40.99M |
| May 12, 2026 | 2,830 | $307.84M | $227.83M | 375.6M | — | 0.000007535 | — | $0.49 | $183.05M | — | $1.7M | $40.99M |
| May 5, 2026 | 2,805 | $305.84M | $226.94M | 375.6M | — | 0.000007468 | — | $0.51 | $192.42M | — | $1.7M | $40.99M |
| Apr 30, 2026 | 2,778 | $305.51M | $212.09M | 375.6M | — | 0.000007396 | — | $0.47 | $176.78M | — | $1.7M | $40.99M |
| Apr 29, 2026 | 2,778 | $303.79M | $210.52M | — | — | — | — | $0.47 | — | — | — | — |
| Apr 24, 2026 | 2,750 | $301.63M | $212.95M | — | — | — | — | $0.49 | — | — | — | — |
| Apr 14, 2026 | 2,706 | $298.27M | $200.6M | — | — | — | — | $0.47 | — | — | — | — |
| Mar 31, 2026 | 2,695 | — | $184.03M | — | — | — | — | $0.36 | — | — | — | — |
| Mar 10, 2026 | 2,695 | $297.48M | $188.51M | — | — | — | — | $0.40 | — | — | — | — |
| Mar 2, 2026 | 2,692 | $297.28M | $185.29M | — | — | — | — | $0.44 | — | — | — | — |
| Feb 11, 2026 | 2,689 | $297.09M | $180.38M | — | — | — | — | $0.47 | — | — | — | — |
| Jan 22, 2026 | 2,674 | $296.04M | $239.48M | — | — | — | — | — | — | — | — | — |
| Nov 4, 2025 | 2,664 | $295.14M | $270.39M | — | — | — | — | — | — | — | — | — |
| Oct 31, 2025 | 2,660 | $294.89M | $291.56M | — | — | — | — | — | — | — | — | — |
| Oct 21, 2025 | 2,660 | $294.7M | $288.07M | — | — | — | — | — | — | — | — | — |
| Oct 13, 2025 | 2,650 | $293.59M | $305.19M | — | — | — | — | — | — | — | — | — |
| Oct 7, 2025 | 2,550 | $281.45M | $309.4M | — | — | — | — | — | — | — | — | — |
| Sep 23, 2025 | 2,525 | $278.38M | $282.8M | — | — | — | — | — | — | — | — | — |
| Sep 10, 2025 | 2,470 | $272.21M | $281.48M | — | — | — | — | — | — | — | — | — |
| Aug 28, 2025 | 2,440 | $268.86M | $274.66M | — | — | — | — | — | — | — | — | — |
| Aug 12, 2025 | 2,395 | $263.87M | $287.72M | — | — | — | — | — | — | — | — | — |
| Aug 8, 2025 | 2,100 | $228.77M | $245.02M | — | — | — | — | — | — | — | — | — |
| Jul 30, 2025 | 2,050 | $222.97M | $241.57M | — | — | — | — | — | — | — | — | — |
| Jul 25, 2025 | 1,825 | $196.35M | $214.65M | — | — | — | — | — | — | — | — | — |
| Jul 16, 2025 | 1,600 | $170.15M | $189.81M | — | — | — | — | — | — | — | — | — |
| Jul 11, 2025 | 1,275 | $133.85M | $149.85M | — | — | — | — | — | — | — | — | — |
| Jul 7, 2025 | 1,000 | $104.6M | $108.26M | — | — | — | — | — | — | — | — | — |
| Jul 1, 2025 | 773.58 | $80.7M | $81.75M | — | — | — | — | — | — | — | — | — |
| Jun 24, 2025 | 543.52 | $56.68M | $57.66M | — | — | — | — | — | — | — | — | — |
| Jun 19, 2025 | 346.63 | $36.37M | $36.28M | — | — | — | — | — | — | — | — | — |
| Jun 13, 2025 | 242.34 | $25.53M | $25.7M | — | — | — | — | — | — | — | — | — |
| Jun 5, 2025 | 122.76 | $12.85M | $12.46M | — | — | — | — | — | — | — | — | — |
| May 29, 2025 | 83.24 | $8.74M | $8.79M | — | — | — | — | — | — | — | — | — |
| May 23, 2025 | 58.71 | $6.07M | $6.3M | — | — | — | — | — | — | — | — | — |
| May 20, 2025 | 35.62 | $3.6M | $3.81M | — | — | — | — | — | — | — | — | — |
| May 14, 2025 | 19.2 | $1.89M | $1.99M | — | — | — | — | — | — | — | — | — |
| May 7, 2025 | 10.59 | $1.02M | $1.03M | — | — | — | — | — | — | — | — | — |
| Apr 30, 2025 | 5.74 | $553.56K | $540.55K | — | — | — | — | — | — | — | — | — |
| Apr 28, 2025 | 2.3 | — | $218.53K | — | — | — | — | — | — | — | — | — |
— means no value was disclosed or derivable for that date. Muted values are carried forward from an earlier disclosure.Stock prices are daily closes in USD at today's exchange rate.
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