Andrew Webley, SWC, and the 100 BTC Quest: A Bitcoin Treasury Tale

Andrew Webley's SWC navigates Bitcoin treasury strategies, eyeing long-term yield and community engagement, while Fragbite Group aims for 100 BTC with Safello.

The world of Bitcoin treasuries is heating up, and two stories are catching eyes: Andrew Webley's The Smarter Web Company (SWC) and Fragbite Group's ambitious Bitcoin accumulation plan. Let's dive into the key developments.

Andrew Webley and SWC: Doubling Down on Bitcoin

Andrew Webley, CEO of The Smarter Web Company, recently shared an update on the firm's Bitcoin holdings, which have grown to 2,650 BTC. Despite some fiat-related challenges, Webley emphasized the company's commitment to long-term Bitcoin yield and strategic execution. He focuses on metrics like mNAV (market net asset value) and BTC Yield, believing that compounding Bitcoin holdings is a powerful driver of future value.

Focus on Bitcoin Yield

Webley highlighted that even small increases in Bitcoin per share can translate into significant long-term shareholder value. SWC's Bitcoin yield for the quarter-to-date stands at 0.58%, which is expected to jump to 1.66% once the company's new analytics engine goes live.

Community and Institutional Engagement

Webley attended a Coinbase institutional event in London, engaging with investors and industry figures like Sir Nick Clegg and George Osborne. This reflects SWC's efforts to build relationships with potential institutional investors and expand its presence in the Bitcoin treasury sector. He also made sure to credit the SWC community, showing appreciation for their support.

Fragbite Group's 100 BTC Goal

Meanwhile, in Sweden, Fragbite Group is making waves with its plan to accumulate 100 BTC by the end of 2025. Currently holding around 19.75 BTC, the company is partnering with Safello, a regulated cryptocurrency exchange, to acquire the remaining Bitcoin. This move underscores a growing trend among publicly traded companies to diversify their reserves with digital assets.

Safello: A Secure Partner

Fragbite Group's choice of Safello is strategic. Safello is the only Swedish crypto company with a MiCA license, ensuring security and transparency in cryptocurrency transactions. This partnership serves as a model for other companies looking to enter the digital asset space safely and compliantly.

A Glimpse into the Future

Both SWC and Fragbite Group's stories highlight the increasing importance of Bitcoin in corporate strategies. While Webley focuses on maximizing Bitcoin yield and engaging with the community, Fragbite Group is making a bold move to secure a significant Bitcoin treasury. It's a wild ride, but these companies are betting that Bitcoin is here to stay. Who knows, maybe one day we'll all be measuring our net worth in sats!