Andrew Webley
3.9K posts
Andrew Webley
@asjwebley
CEO, The Smarter Web Company (@smarterwebuk) | Bitcoin Investor | Previously Head of Online, Hargreaves Lansdown | Posting In A Personal Capacity
Bristol Katılım Kasım 2017
19 Takip Edilen10K Takipçiler
Pleased that our Capital Reduction is now confirmed - an important step as we continue to build a disciplined, well-structured capital base to support our strategy.
Alongside this, Jamie Knowles will be leaving the Company as Head of Capital Markets. I want to thank him for his contribution, and can confirm investor engagement will now sit with our senior management team and external advisers.
LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8
The Smarter Web Company@smarterwebuk
RNS Announcement: Capital Reduction Confirmed Please read the RNS on our website (link in comments). LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8
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@asjwebley Small typo on the RNS - says £210,000,00 not £210,000,000. @asjwebley
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@asjwebley Congratulations Andrew and Team on the latest RNS. Good things on the horizon 👍
I’m sad to see Jamie leave as he appeared to be such a good fit and I enjoyed his input.
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@asjwebley Great news but what a shame Jamie is departing. I have a great conversation with him after he reached out with his Orange enveloped letter. He appeared to be super bullish on SWC!
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A bit of both. This gives us £210m worth of distributable reserves to use for different things. We have made no comment on the use of these other than to give us flexibility for the future. The reduction process is fairly straightforward though so can easily be repeated should we wish to do it again at a later date. £210m is a reasonable amount for the shorter term though.
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@asjwebley Congrats Andrew and the team, excellent progress. Do you need to do this each time you need to perform a capital reduction, or does this a enable a framework for future reductions?
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@TimKotzman Looking forward to it Tim. Last year was one of the best events that I have been to. Thanks for inviting Smarter Web.
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Andrew Webley retweetledi
@asjwebley Congrats on a hypothetically aspirationally huge milestone!
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@asjwebley Congratulation team, looking forward to see what you do with this. Also good luck @the_desert_ape !
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"We can all use Bitcoin as we want to use it. Just because I want to use it for one thing and you don't agree, does it really matter?"
On the criticism aimed at Bitcoin treasury companies, talking with @TylerCompiler from @BTCtreasuries.
Full episode available here: x.com/BTCtreasuries/…
BitcoinTreasuries.NET@BTCtreasuries
NEW: @ASJWebley took @SmarterWebUK $SWC from a £2M IPO to nearly 3,000 #Bitcoin in 14 months. Here's the blueprint. 📌Saylor told him to copy what works — so he did 📌FTSE 250 — why index inclusion changes everything 📌60x BTC per share growth in 14 months Watch ⚡️
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One of the best things about running a Bitcoin treasury company is that we are helping to rebuild the future financial system on a Bitcoin standard. Rarely a day goes by when the current (fiat) system does not take up some of my time in despair - we're on the cusp of our seventh Prime Minister in a little over 10 years, and the sheer volume of monetary policy change that's come with that churn.
The Bitcoin treasury model is evolving in real time with shareholders being offered a much greater level of transparency than previously available in public markets (eg transparent capital structures, Bitcoin analytics combined with the ability to price Bitcoin 24*7).
I could not be more excited about what we are doing at Smarter Web combined with the wider Bitcoin treasury sector.
LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8
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Over the last few years, it is difficult to overstate the contribution that Michael Saylor and Strategy have made to Bitcoin. They have fundamentally changed how institutional investors think about Bitcoin, demonstrated how public companies can use the capital markets to acquire Bitcoin responsibly, and in doing so have inspired many other companies, including Smarter Web, to adopt a Bitcoin treasury.
On Monday this week we heard that Strategy had sold 3,588 Bitcoin, which followed a small sale of 32 Bitcoin recently. Perhaps the most significant aspect was not the transaction itself, but the market's response. It reminded me of when Tesla sold 10% of its Bitcoin holdings in 2021, with Elon Musk explaining that one of the objectives was to demonstrate Bitcoin's liquidity and show that sizeable positions could be bought and sold without disrupting the market. Please note that as of today Strategy hold 843,775 Bitcoin and the sale was less than 0.5% of their holding. In the last 3 months alone, they have increased their Bitcoin holdings by 10% whilst also increased their USD reserve to a current $2.55 billion.
For a long time, I have heard some investors express concern that Strategy has become the company that "holds up" the Bitcoin market. Whether or not that perception is accurate, and in my view the evidence points to that not being true, I believe it is an important psychological consideration for many investors. One that now can be changed.
My own view is that Bitcoin's greatest strength is that it is bigger than any one person, company or country. If a company such as Strategy can both buy and, when appropriate, sell Bitcoin as part of responsible treasury management, while remaining a long-term net buyer, then that demonstrates the maturity of both Bitcoin and the Bitcoin treasury model. It reinforces that Bitcoin does not depend on any single participant to succeed.
Markets often tell us more through what they ignore than through what they celebrate. If investors are increasingly comfortable with the idea that the largest corporate holder can actively manage its balance sheet without undermining confidence in Bitcoin itself, then I believe that removes one of the significant psychological barriers that has existed for increased adoption.
I may be completely wrong, but I can't help wondering whether this could prove to be one of those moments that only looks truly significant in hindsight. If Bitcoin treasury companies are increasingly viewed as businesses that allocate capital intelligently to maximise long-term Bitcoin per share, rather than as entities that must simply accumulate Bitcoin regardless of circumstance, then our industry becomes more credible, more resilient and, ultimately, more attractive to institutional capital.
It will also make it much easier for companies like Smarter Web to manage some scenarios as the market gets used to the idea that Bitcoin can be sold, or bought, but the important outcome is accretive value generation for shareholders. Bitcoin per share increasing.
At Smarter Web our objective is simple and clear for all to see. To grow our operating business, strengthen our balance sheet, remain disciplined in capital allocation and compound Bitcoin per share over the long term. If we continue to do that successfully, I believe the opportunity remains extraordinary.
This week we had no regulatory announcements. However, as I have written recently, the team remains focused on a number of important projects that we look forward to sharing with shareholders when we are able.
On Tuesday, Bitcoin Treasuries released the podcast that I recorded with Tyler Rowe. One of the most interesting topics we discussed was that people have different views on how Bitcoin should be used, and I believe that diversity of opinion is a strength. My own view is simple: people should be free to use Bitcoin as they wish. That freedom is one of the reasons why I believe that through Bitcoin we have the potential to rebuild the world's financial system on a stronger foundation.
Also on Tuesday, Jesse Myers, our Head of Bitcoin Strategy, appeared live on The Starting Block. He spoke with Gareth Jenkinson and covered a number of topics, including Digital Credit.
On Friday, Jesse hosted a Smarter Web Livestream with Michael Sullivan. Michael has developed an AI-powered X sentiment analysis tool that has become well known within the Bitcoin community, and it made for a fascinating discussion. Seeing two super smart Bitcoiners discuss a variety of topics, revolving around sentiment, was something that I enjoyed watching so if you have not watched the Livestream you can catch it on our YouTube channel or X page.
We plan to host many more Smarter Web Livestreams with special guests, alongside regular sessions with Jesse and myself. The next one is currently planned for just under two weeks' time, so please keep an eye on our social media channels for further details.
One area that I am particularly passionate about is improving Bitcoin treasury analytics. Earlier this week we met with a number of companies and have since been working together to automate the flow of data and improve the framework through which it is shared. Whilst companies will inevitably have different capital structures and reporting requirements, there is significant scope to improve consistency and transparency across the sector, which I believe will ultimately benefit investors.
Looking ahead to next week, we expect to reach the final stages of the capital reduction process. I will certainly be pleased once it has been completed. Whilst we have not made any announcement regarding the intended use of distributable reserves, having them available provides Smarter Web with greater optionality for the future.
Finally, I would like to thank all of our shareholders for the continued support and patience. Building a public company for the long term means there are occasions when we cannot communicate every aspect of our thinking or plans as openly as we would like. That can sometimes be frustrating, both for shareholders and for us. What I can say is that I remain as confident as ever in our strategy. We continue to execute with discipline, a focus on increasing long-term value for shareholders, and we are making steady progress towards our key objectives.
Thank you for reading, and I hope you all have a great weekend.
LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8
Andrew Webley@asjwebley
This week gave us the opportunity to step back and reflect on the progress we have made as we published our Interim Results and Quarterly Investor Update. Whilst those results looked back over the last six months, we also supplied commentary on the post period. I hope that people can see that we are advancing Smarter Web continuously and with the level of information that we can provide have a clear path into the future. Importantly, it is worth highlighting that we are still in the early stages of building an entirely new operating business model around a Bitcoin balance sheet. Recently I have also shared my thoughts on Digital Credit and why I believe it will become an increasingly important part of the Bitcoin treasury company model. My opinion has not changed, and it was encouraging to see sentiment reverse positively around Digital Credit this week after the previous tough week for this important source of long-term capital for Bitcoin treasury companies. I believe these instruments have the potential to become one of the most important sources of long-term capital. In my view, the recent volatility reflects a market that is still learning how to value Digital Credit, with price movements likely amplified by relatively high leverage in parts of the market together with some aggressive short-selling activity, rather than any fundamental weakness in the approach. Turning to the week itself, on Monday our Head of Bitcoin Strategy, Jesse Myers, joined Roxom TV for another discussion around Bitcoin treasury companies and the wider market. Jesse always represents the Company exceptionally well and I enjoyed watching the conversation. On Tuesday we released our Interim Results, Interim Results Commentary and our Quarterly Investor Update. These provide shareholders with a detailed overview of both our financial performance and the significant progress we have made over recent months. Whilst accounting results for Bitcoin treasury companies can be distorted by non-cash fair value movements in Bitcoin, I believe the underlying progress of the business has been significant. During the period we continued building our Bitcoin treasury, successfully integrated our first acquisition into the Group, strengthened our management team, refined our Bitcoin treasury analytics and continued executing the strategy that combines a growing operating business, strategic acquisitions and a Bitcoin-backed balance sheet. Our ambition remains exactly the same: to build one of the leading companies in the UK. Later that day I travelled to London ahead of an event on Wednesday that I was invited to attend, meeting with a number of people during the afternoon before an enjoyable dinner in the evening. Wednesday was spent at a private event in London, which brought together a number of high-profile speakers from across the Bitcoin ecosystem. I was fortunate to be invited to speak alongside representatives from some of the leading Bitcoin treasury companies globally. The panel itself was one of the more challenging discussions I have participated in recently, with some excellent and difficult questions from the moderator. Personally, I think those are often the best conversations because they encourage deeper thinking rather than repeating well-rehearsed talking points. I spoke about what I believe are three of the key ingredients behind building a successful Bitcoin treasury company: education, trust and marketing. Which all then lead onto an ability to generate capital. If we all believe Bitcoin will underpin much of tomorrow's financial infrastructure, then all of us have a responsibility to help educate the market and explain why this matters. It was also great to spend time with so many people helping to build this industry. On Wednesday I was also pleased to receive a detailed report covering Squarebird's new business activity during June. Since completing the acquisition in February, the team has continued to perform well and build momentum. Whilst much of the investor attention naturally focuses on our Bitcoin treasury, we have a talented team working every day to grow our operating businesses. Increasing revenues and profitability over the months and years ahead remains an important objective, and I have been encouraged by the progress being made. On Thursday I was back at my desk in Bristol with a mixture of internal and external meetings before recording a podcast with Tyler from BitcoinTreasuries.net. They continue to do an excellent job documenting and educating the market about Bitcoin treasury companies and I am looking forward to seeing the interview when it is released. True North also released a podcast with Jesse Myers talking with Joe Burnett which is worth watching if you have the time. On Friday I spent most of the day at Squarebird HQ with Jon Bird, our Head of Marketing, advancing a number of new marketing initiatives. I am looking forward to sharing some of these marketing initiatives with you when I am able. Looking ahead, next week is already shaping up to be another busy one. As always, one of the frustrations of leading a listed company is that there is often far more happening behind the scenes than we are able to talk about publicly. However, I remain incredibly optimistic about what we are building, and I look forward to sharing more with shareholders as projects develop and announcements are made. Thank you for being a Smarter Web shareholder. Your continued support is appreciated, and we remain focused on executing our strategy, increasing Bitcoin per share and continuing to build what we believe can become one of the leading companies in the UK. LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8
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One of the best livestreams I've watched recently. @SullyMichaelvan and @Croesus_BTC discussing Bitcoin sentiment analysis. If you have 45 minutes to spare, it's well worth your time.
The Smarter Web Company@smarterwebuk
SWC Livestream with Michael Sullivan x.com/i/broadcasts/1…
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Starting in a few hours - today's Smarter Web Livestream.
Jesse Myers (@Croesus_BTC), our Head of Bitcoin Strategy, is joined by Michael Sullivan (@SullyMichaelvan) to break down what X sentiment data is really telling us - and what it reveals about where we are in this cycle.
Tune in today at 16:30 GMT / 11:30 EDT, live here on X and on our YouTube channel.
LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8
The Smarter Web Company@smarterwebuk
This Friday's Smarter Web Livestream: Join Jesse Myers (@Croesus_BTC), our Head of Bitcoin Strategy, live on 10th July 2026 at 16:30 GMT / 11:30 EDT. Jesse will be joined by Michael Sullivan (@SullyMichaelvan), developer of an AI-powered X sentiment analysis tool, to break down: - What sentiment data is actually telling us - How to interpret it properly, without the noise - What it reveals about where we are in this cycle Streaming live here on X and on our YouTube channel (link in comments). LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8
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Andrew Webley retweetledi
This Friday's Smarter Web Livestream:
Join Jesse Myers (@Croesus_BTC), our Head of Bitcoin Strategy, live on 10th July 2026 at 16:30 GMT / 11:30 EDT.
Jesse will be joined by Michael Sullivan (@SullyMichaelvan), developer of an AI-powered X sentiment analysis tool, to break down:
- What sentiment data is actually telling us
- How to interpret it properly, without the noise
- What it reveals about where we are in this cycle
Streaming live here on X and on our YouTube channel (link in comments).
LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8
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@andysmith_asap @TylerCompiler @TimKotzman @BTCtreasuries Thanks Tyler and Andy - kind words and appreciated. Remember that Bitcoin and Bitcoin treasury companies need all of us.
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@TylerCompiler @asjwebley @TimKotzman @BTCtreasuries Great guy isn’t he integrity, honesty, really smart and is relentless on the mission. You can’t not be impressed and want to go on the journey with him when you hear him speak.
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Really enjoyed this chat with @TylerCompiler from @BTCtreasuries. Bitcoin Treasuries have done a lot for our industry and it's the website I use myself to track the global Bitcoin treasury rankings. Thanks again for having me.
BitcoinTreasuries.NET@BTCtreasuries
NEW: @ASJWebley took @SmarterWebUK $SWC from a £2M IPO to nearly 3,000 #Bitcoin in 14 months. Here's the blueprint. 📌Saylor told him to copy what works — so he did 📌FTSE 250 — why index inclusion changes everything 📌60x BTC per share growth in 14 months Watch ⚡️
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