BTC_UK 🇬🇧

1.2K posts

BTC_UK 🇬🇧

BTC_UK 🇬🇧

@BTC_UK_

Katılım Nisan 2023
208 Takip Edilen260 Takipçiler
BTC_UK 🇬🇧
BTC_UK 🇬🇧@BTC_UK_·
@MartinSLewis When most people say crypto, they are talking about a vast ecosystem of scams, ponzies, and pump and dumps and are mostly VC backed tech projects. Bitcoin is a cryptocurrency, but it's not crypto
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BTC_UK 🇬🇧
BTC_UK 🇬🇧@BTC_UK_·
@MartinSLewis No abuse, but you must differentiate bitcoin from crypto. BTC is the original, fixed-supply, decentralised money network. Crypto includes everything else too: Ethereum, stablecoins, DeFi, NFTs, tokens, apps, and plenty of other nonsense.
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Martin Lewis
Martin Lewis@MartinSLewis·
I've taken my poll to see how many people hold crypto down. It was an interesting question, but sadly sometimes on X it's just not worth the abuse (some of it quite bizarre, I think some people don't realise the poll is anonymous and I can't see who votes what!)
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BTC_UK 🇬🇧
BTC_UK 🇬🇧@BTC_UK_·
Come on @ajbell @ii_couk @Fidelity_UK @thisismoney @shareprices this is basic stuff. It's also extremely important to the proper functioning of the markets - please resolve ASAP.
johnsthor@johnsthor1

🚨 Major data error on FTSE All-Share Risers Friday 17th April 2026. @ajbell @ii_couk @Fidelity_UK @thisismoney @shareprices are all showing incorrect data on the FTSE All Share Risers for Friday 17th April via @Morningstar data feed. Examples in images below. If you're with any of these platforms, please send them a secure message today. If you spot any other errors please link and screenshot in the comments. Accurate market data matters. Let’s get this fixed quickly. Tag your broker & RT to spread the word 👇 #FTSEAllShare #InvestingUK #FTSE #UKInvesting #DataAccuracy

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Chief OG - The Smarter Web Company
7am Crew - Are you ready for another week like the last 2? You better believe we are! 🚂🇬🇧🇬🇧LFG! Rest up as 7am it’s ATM RNS
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David Miles
David Miles@DavidMi28775281·
Predictions for BTC purchase announced on Monday? I don't want to jinx it but think we have raised more this week than expected... could we have added 30 BTC... Monday feels like a long time to wait!
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BTC_UK 🇬🇧
BTC_UK 🇬🇧@BTC_UK_·
@ALL20389711 Yep, I transfered a portion of my SIPP and suffered a 91% drawdown. Thankfully I've now averaged down so my break even point in my pension is a lot lower.
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Kim
Kim@ALL20389711·
Bought $SWC at $50k in July '25. Watched it crash to $4k (90%+ drawdown). Now back at $5k. 📉 ​Most paper hands sold, but I’m still here. This feels like early Bitcoin—volatility is the price of admission. I’m NOT selling at break-even. My target is $100k. 🚀💎🙌
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BTC_UK 🇬🇧
BTC_UK 🇬🇧@BTC_UK_·
@asjwebley What a fantastic update. This week has shown how quickly sentiment change for BTC and BTCTCs. Looking forward to the ATM update on Monday too. Have a great weekend
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Andrew Webley
Andrew Webley@asjwebley·
It is remarkable how quickly sentiment can shift. When I wrote my weekly update three weeks ago, at quarter end, I reflected on what had been a particularly difficult period following an already extended phase of weakness. Fast forward to today and the backdrop looks very different. The S&P 500 and Nasdaq have both reached new all-time highs, Bitcoin has rallied over 20% since the start of the conflict, and markets appear to be pricing in a more constructive geopolitical outlook and improved risk appetite. At the time of writing, Bitcoin is trading around $77,100 and, more importantly, has broken through a key resistance level. As I mentioned in an X post of Thursday, it feels increasingly likely that Bitcoin has seen the worst of the recent correction - it’s still too early to say we’re fully out the woods but I remain optimistic. The news that Goldman Sachs plans to launch its first Bitcoin ETF product was another sign of ongoing institutional support. London trip I am based in Bristol but visit London, for work, several times a month. It is one of the greatest cities in the world and regardless of your views on the UK, it remains one of the world’s leading financial centres. I spent two days in London this week with @the_desert_ape meeting a range of investors and stakeholders, all of whom play an important role in our continued growth. As with any business, relationships matter and it’s critical that we continue to spend time face-to-face, ensuring our strategy is well understood while also listening carefully to feedback. As always, much of the detail from these discussions is confidential but a few key takeaways I can share are: 1. The UK macro backdrop remains challenging. We spoke with several very smart market participants who discussed the current monetary, fiscal and social issues we’re facing. Whilst I acknowledge that Bitcoin cannot solve all these problems, it’s a reminder of the work we need to do to raise awareness and how it can be part of the solution. 2. There is still work to be done in explaining the Bitcoin treasury model. This is something that I have commented on repeatedly, and although interest is growing, it will remain a key focus area as the sector continues to evolve. 3. The TD Cowen research initiation was very well received. Having a large investment bank take the time to publish research on the sector and feature our company adds meaningful credibility. 4. Our community continues to be a key strength. Maintaining and growing that base of liquidity is critical - retail drives awareness, while institutions bring depth and scale. Industry development Across our recent meetings, a consistent theme has been that Bitcoin treasury companies are still viewed as a new asset class / sector, with a significant amount of education still to be done - an exciting dynamic that presents a clear opportunity. Against that backdrop, I’ve been thinking a lot about the data and analytics available to both institutional and retail participants when trying to understand the sector. At present, there is a notable degree of fragmentation and inconsistency in the data, which can impact transparency and the ability to draw accurate conclusions. Many of you will know that we’ve spent considerable time developing our own analytics page, with a focus on accuracy and clarity. Our ambition is to help set the standard for how the sector is understood and analysed. As part of this, we are keen to work closely with leading data and dashboard providers to improve consistency and transparency across the sector. Given my background, this is an area I’m particularly passionate about, and one where we believe Smarter Web can play a meaningful role as the industry continues to evolve. Weekly activity On Monday, I spent much of the day pushing a variety of projects forward ahead of a busy few days in London. We had a particularly constructive call with a large, well-known name in the Bitcoin space, who we hope to confirm soon as a main sponsor for the VIP dinner at our conference. It was also valuable to hear their perspective on the sector and explore potential areas of collaboration. On Tuesday, we announced the purchase of 11 Bitcoin, taking our quarterly yield to 11.38%. Our core objective remains consistent - to increase the Bitcoin exposure per share over the long term. You now require 131,944 shares in SWC to represent one Bitcoin. On Wednesday, I caught the early train into London to begin two days of meetings. These trips are always intense, but highly valuable. That evening, we had a great Korean BBQ with a key partner, spending a couple of hours discussing Bitcoin, the broader sector and Smarter Web. Thursday was another full day of meetings across the City and West End before heading back to Bristol. We also announced a raffle for 21 tickets to our conference to celebrate our one-year anniversary and I’ve been encouraged by the level of engagement. I’m very proud of the line-up, and this week we’ve secured additional speakers and sponsors (to be announced shortly) who recognise the value of coming together to help move the industry forward. On Friday, it was good to be back at the desk catching up. @Croesus_BTC, @the_desert_ape and I spent time in a detailed debrief and strategy session, working through the week’s meetings, key takeaways, feedback and ideas. Creating the space to properly digest this is important - not just to reflect, but to assess some of the key next steps and how we prioritise these as a team. It was satisfying to close the week as the best-performing stock in the FTSE All-Share on Friday, up +17.8% on the day (~+18% for the week), and importantly, at 1.01x mNAV based on our analytics page at market close on Friday. Closing thoughts I often say we’re busy, but this is a particularly intense period. The team is working across multiple initiatives that we believe will create meaningful and varied forms of value for shareholders. Alongside this, I try to check our community page on X frequently, and it was great to see us move above the 4,500-member mark. Not everyone may be aware it exists, but it’s an important space where people can come together to discuss, learn and engage with the sector. As mentioned earlier, our community remains a key differentiator, something that came through clearly in several meetings this week. There’s been a noticeable increase in both energy and participation, and I want to recognise and thank everyone contributing to that. As always a shout out to: @andysmith_asap @johnsthor1 @JohnCoo70815409 @80IQConviction @HenryBTCchef @doublediamond65 @Toffeebdm @matthewkerridge @Michaeljdobbin @Boutiquecapital @mattoshi21 @TuftyRaul @BitcoinPlebUK @Morpheus_DX @BitcoinCartoon_ @bitcoin_philos @jay_dee_ex @CloughsStuff @InvestorSmarter @DrBitcoinM50862 @the_desert_ape @PlutusSaysHodl @ZynxBTC @wildgoosejon @SmarterBuildBTC @ourgoodlifeuk @AFCB12 @Britcoiner62 @SophieSatoshi @levyuk @butler_np @Raj_Devsi @Frank54703905 @SmarterBuildBTC @DivBy21 @BitcoinBee21 and @smarter_dash. Looking ahead, next Friday @the_desert_ape and I will be in Stroud attending @HenryBTCchef’s “Feast + Bitcoin” event to mark our one-year anniversary. I’m looking forward to seeing many of you and sharing our latest thinking as we continue to build Smarter Web into one of the UK’s leading companies. Thank you for your support and I wish you all a great weekend. LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8
Andrew Webley@asjwebley

The core value proposition of a Bitcoin treasury is its ability to increase Bitcoin exposure over time. A common bear case, however, is how this can be achieved in more challenging market conditions, particularly when equity issuance is limited or the company is trading below 1x mNAV. This week, we demonstrated that this can be achieved in more difficult market environments. By using a prudent level of debt, we executed our second capital markets transaction in a month to repurchase a significant portion of pre-IPO warrants at a discount. Over the past month, the company has now acquired 42,000,000 warrants at an effective ~0.67x mNAV. This has reduced our fully diluted share count by ~10.5%, resulting in a QTD Bitcoin yield of 10.9% (currently the highest globally) and increased Bitcoin per share to 755 satoshis. To own the equivalent of 1 Bitcoin, you now need 132,482 shares. Viewed through a different lens, this transaction was economically equivalent to acquiring Bitcoin at ~$49,000. Importantly, this demonstrates that Bitcoin per share can be increased even in less favourable market conditions Importantly, it also represents a material step in simplifying our capital structure. We have been conscious of the market’s focus on pre-IPO warrants as a potential overhang, and removing a significant portion (including the largest warrant holder) helps alleviate concerns on how this could impact our trading. There is sophistication in simplicity, and a simpler capital structure puts us in a much stronger position to raise capital and scale. Over the course of this year, we have made significant progress in addressing the three primary institutional concerns; our listing venue, the scale of our operating business, and the warrant overhang which should allow for more productive conversations with prospective investors. Against that backdrop, I do believe that a sensible amount of debt (or amplification) is needed in a Bitcoin treasury company. The model is, to a degree, about capital structure optimisation, particularly given the long-term return profile we expect from Bitcoin. When used prudently, this allows us to increase Bitcoin exposure at a cost of capital below that return, accelerating Bitcoin per share growth which we believe is a key driver of trading at a premium and ultimately sustaining the flywheel. Today, the company has approximately £9.5m of debt, equivalent to ~6.9% of NAV. For context, across the sector, Metaplanet is operating at an amplification ratio of ~13.5%, Strategy at ~33%, and Strive at ~45%. We’re in the fortunate position that the current scale of our balance sheet gives us access to these options, and over time our focus will be on determining the right level and form of debt (or amplification) as market conditions evolve. We have also been deliberate in how we deploy debt. Rather than using it simply to increase Bitcoin holdings, our focus has been on cleaning up the capital structure of the company. In our view, increasing scale without strengthening these fundamentals is not optimal. In summary, we felt this transaction was in the best interest of our shareholders and the level of engagement and feedback received following the announcement has been very encouraging. Sector developments There have been two notable developments for the Bitcoin industry this week. First, Morgan Stanley has expanded access to Bitcoin ETFs across its platform. This is particularly significant given current market sentiment. Eric Balchunas (analyst at Bloomberg) highlighted, with a network of ~16,000 advisors and trillions in client assets, even modest allocation rates could drive meaningful inflows - potentially reaching ~$5 billion in AUM within the first year. For context, BlackRock’s IBIT ETF has grown to approximately $55.9 billion since its launch in January 2024. Second, TD Cowen published a comprehensive 100-page sector report titled “Digital Gold, Digital Picks & Shovels.” As early supporters of the space, particularly Bitcoin treasury companies, and having played a key role in raising over $50 billion for Strategy, their perspective is a meaningful contribution to the sector. The report initiated coverage on four treasury companies, including us, and we were very proud to be included. For a smaller UK-listed company, coverage particularly from a large US Investment Bank plays an important role in broadening visibility, introducing the story to new pools of capital, and reinforcing credibility with a wider institutional investor base as the sector continues to mature. Smarter Web now has official research coverage from Tennyson Securities (UK), Maxim Group (US) and TD Cowen (US). As coverage of the sector continues to build, one way we think about the Bitcoin treasury landscape is through the lens of an adoption curve. This allows investors to decide where they want to position themselves along that spectrum. At the furthest point along the adoption curve, Strategy represents the market leadership phase. In the middle of the curve, Metaplanet and Strive sit in the expansion phase, while at the inflection point, we position ourselves in the emerging growth phase. Each stage offers a distinct risk/reward profile, which is what makes the sector particularly compelling. Over time, I expect investors to increasingly rotate capital across different global players, adjusting allocations based on where we are in the cycle. Market performance This week, our stock was the top-performing equity in the FTSE All-Share, closing +28.5%. Out of ~530 companies across the UK FTSE index series, we ranked #1 over the period. As a result of this combined with the recent capital markets activity, our fully diluted mNAV is now 0.97 - after several months of challenging sentiment for Bitcoin and the broader sector, it was encouraging to see. We also saw a noticeable increase in trading volume over the week. While part of this likely reflects the start of the new tax year, it was nonetheless constructive. Improving liquidity, supported by ongoing awareness, is a key focus for us and an important factor in meeting the requirements of larger institutional investors. Additionally, it was encouraging to see more participation across both our US and European lines. Being at the top of the performance tables naturally drives more attention, which in turn supports that broader objective. Weekly activity Despite it being a bank holiday on Monday, the team used the time productively with an extended strategy session. While execution remains critical, creating space to step back, think and challenge ideas is equally important and the Easter break provided a good opportunity for that. On Tuesday, my podcast with @JayW132 was released. It had been some time since we last recorded together and it was great to reconnect given how much has evolved across both the company and the broader market. Jamie also recorded his first podcast with @InvestorSmarter, who has been a strong supporter of Smarter Web and a vocal advocate for Bitcoin in the UK. Wednesday and Thursday were particularly intense with a significant amount of work focused on the warrant purchase offer. A great deal happens behind the scenes on transactions like this and we’d like to thank all our advisers who were involved. Throughout the week, we also continued to highlight speakers for the upcoming unconference, which is shaping up well. On Friday, much of the attention was on the TD Cowen sector report. Alongside that, @Croesus_BTC, @the_desert_ape and I hosted another X/YouTube session, where we discussed the week’s developments and shared updated thoughts on the company, the market and upcoming agenda. More broadly, the week was spent engaging with a wide range of stakeholders - developing new relationships and strengthening existing ones which remains central to how we execute our strategy. Closing thoughts Looking ahead, Jamie and I will be in London next Tuesday and Wednesday for a series of meetings, continuing that momentum as we focus on deepening engagement and progressing several ongoing initiatives. As always, a big thank you to our community. We recognise how challenging the sector has been for some time. We’re confident that since the start of the year we’ve been taking the right steps to strengthen our foundations, and it was particularly satisfying this week to deliver increased Bitcoin per share for our shareholders. It’s been encouraging to see the positive attitude which remains a genuine source of motivation for me personally as we work to build Smarter Web into one of the leading companies in the UK. Shout out to: @andysmith_asap @johnsthor1 @JohnCoo70815409 @80IQConviction @HenryBTCchef @doublediamond65 @Toffeebdm @matthewkerridge @Michaeljdobbin @Boutiquecapital @mattoshi21 @TuftyRaul @BitcoinPlebUK @Morpheus_DX @BitcoinCartoon_ @bitcoin_philos @jay_dee_ex @CloughsStuff @InvestorSmarter @DrBitcoinM50862 @the_desert_ape @PlutusSaysHodl @ZynxBTC @wildgoosejon @SmarterBuildBTC @ourgoodlifeuk @AFCB12 @Britcoiner62 @SophieSatoshi @levyuk @butler_np @Raj_Devsi @Frank54703905 @SmarterBuildBTC @DivBy21 @BitcoinBee21 and @smarter_dash. Thank you for the continued support and enjoy your weekend. LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8

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Chief OG - The Smarter Web Company
Spare a thought for these guys tonight, its the last daylight they will see for a while..... LFG!! xx
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Andrew Webley
Andrew Webley@asjwebley·
Trying to predict short-term Bitcoin moves is a dangerous game. As CEO of the UK’s largest Bitcoin treasury company, we always say our strategy is built to perform in good, flat, and bad markets. That said - I’ll stick my neck out. I spend a lot of time watching short-term price action, and to me it looks like Bitcoin has likely seen the worst of this recent correction. I’m expecting it to move up from here. Potentially violently. Let’s see.
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BTC_UK 🇬🇧
BTC_UK 🇬🇧@BTC_UK_·
@SophieSatoshi That's why you DCA, it offers some protection. I usually lump sum in, and then it drops 🤣
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Sophie Satoshi
Sophie Satoshi@SophieSatoshi·
Every time I buy Bitcoin and it drops, I just tell myself, ‘this will be funny in 5 years’. It has to be!! Surely?!
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BTC_UK 🇬🇧
BTC_UK 🇬🇧@BTC_UK_·
@EllroyLove I've written to him a couple of times on other issues. He hasn't got a clue and is completely out of his depth. I'm sure head make a decent member of the school PTA, but not an MP.
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Ben
Ben@EllroyLove·
“Actually, I’m struggling to see the issue with Kurdish criminals operating in my town, what do you mean?”
Ben tweet media
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Cookie⚡
Cookie⚡@Bitcoin_Cookie·
That's it I am done - GN, good luck with the retards folks - had my fill today 😂
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