UK’s Largest Bitcoin Treasury Smarter Web Eyes ‘Struggling’ Competitor Acquisitions for Discount Prices
Smarter Web Company, the UK’s largest corporate Bitcoin holder with over £200 million in crypto reserves, is exploring acquisitions of distressed competitors to acquire their Bitcoin holdings at discount prices despite its shares plummeting 73% from their mid-June peak, as founder Andrew Webley revealed the firm would “certainly consider” snapping up other companies trading below the value of their Bitcoin holdings.
The post UK’s Largest Bitcoin Treasury Smarter Web Eyes ‘Struggling’ Competitor Acquisitions for Discount Prices appeared first on Cryptonews.
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