Giles 🐭

Interesting overlay of cases and meds uptake for the UK from website 91-divoc.com/pages/covid-vi… Trying to work out the part that "seasonality" played earlier this year

@asjwebley One year on and i am very happy to have also taken significant personal risk as i believe 100% in the mission. You and the team have indeed shown incredible integrity, transparency, accountability and stewardship Its why you/we are number one in the UK - there is no second best!

This week’s update has been harder to write than usual. As we mark our first anniversary as a public company, it’s hard not to feel a little emotional trying to capture everything we’ve experienced over the past year. The progress, the challenges, the highs, the lows and everything in between is tough. When I first had this idea, many people said it couldn’t be done. I heard all the reasons why it would fail. Despite that, I chose to take a significant personal risk because I believed not only that it was possible, but that the UK needed something like Strategy. Twelve months on, it’s hard to fully take in how far we’ve come - listing on Aquis, rapid early growth, raising ~£250m, becoming one of the largest Bitcoin treasury companies globally, speaking at industry conferences, meeting Michael Saylor, uplisting on the London Stock Exchange, acquiring Squarebird, leading research coverage and being included in the FTSE indices are just some of the highlights. All of those are solid achievements, but what I’m most proud of is the investor support that we have received. People matter and through Smarter Web, we’ve brought together individuals around a shared mission – building what I hope will be one of the largest companies in the UK, built on a Bitcoin balance sheet. As we enter year two, I’ve been reflecting on the values that have guided us so far and will continue to define us - integrity (doing what’s right, not what’s easy), transparency (clear, timely communication), accountability (owning outcomes), and stewardship (advancing the industry responsibly). These values aren’t just statements - they underpin how we operate day to day. They guide our decision-making, how we communicate, and how we think about long-term growth. In a rapidly evolving industry, maintaining trust and consistency is key, and we believe staying anchored to these principles will be an important differentiator. Everything ultimately comes back to a simple question - what is best for our shareholders. It’s also important to take a step back and reflect on where we could have improved. Overall, I believe we’ve taken the right steps, though there are areas where we could have moved slightly faster - for example, we could have shaved a few weeks off the London Stock Exchange uplisting. My view has always been that you can do almost anything if you believe in it and apply yourself. That will continue to guide us as we look to grow and break new ground. We’re not complacent and, as a team, we know there’s still a lot of work to do. We’re working hard to keep moving things forward. It isn’t always easy, but the continued support from our investors, and seeing how much Smarter Web means to so many, gives us real motivation to keep pushing on. Data and metrics Data and analytics are important. As I mentioned last week, it’s an area I’m personally very passionate about, and where I believe, Smarter Web can help lead efforts to improve transparency and standardisation across the sector. I remember in the early days the community-built tools and dashboards were crucial in helping us raise awareness. We’ve been working closely with several dashboard providers, including @StrategyTracker and @BitcoinPowerLaw, to ensure our data is accurately reflected. Through this, we’ve identified that some of our share information is not yet being correctly displayed on certain equity brokerage platforms, due to issues with their underlying data providers. We’re actively engaging with them to resolve this, and I appreciate the support from the community mid-week in helping bring attention to it. It was also great to see @AdamBLiv using @Croesus_BTC’s P/BYD metric to discuss a valuation framework for Strategy and @Toffeebdm exploring sats per $1,000. This kind of analysis is exactly what helps the space mature and become better understood. Weekly activity Monday - it was great to announce £1.5m of proceeds from our subscription agreement, the largest since 15 January (£1.7m). Jesse also spoke on @roxom - many thanks to Roxom for their continued support. Tuesday and Wednesday was a busy 48-hour period, with of back-to-back calls with various stakeholders as we progressed several ongoing projects. Thursday - we announced our Block Admission Application. This is a standard administrative process relating to how shares are issued when pre-IPO warrants are exercised and does not impact the fully diluted share count (available on our website). As a reminder, there are approximately 54m warrants outstanding, with around 27m held by myself, my wife, and directors/employees of the company. The exercise window runs from 24 April 2026 to 24 April 2028, and all warrant holders have been notified of the process. As already stated, we will provide updates at set intervals on the number exercised, ensuring full transparency. We also released our one-year anniversary t-shirt. We had a lot of fun designing it and thank you to @aw_smarterwebuk for the work on this. Our view remains that there is sophistication in simplicity, and we wanted this to come through in this limited-edition piece of merch, which I’m pleased to say has been well received. Finally, @the_desert_ape and I caught up with @BTCBULLRIDER, a long-time supporter. It was our first conversation in many months and came at a good time. As always, he asked thoughtful questions, and I’m looking forward to our next chat. On Friday we added 44 Bitcoin, taking our total Bitcoin treasury to 2,750 and the quarterly Bitcoin yield to 11.84%. We also announced an update to our Bitcoin Treasury Policy to allow the use of our strategic credit facility with Coinbase to fund Bitcoin purchases over time. It’s important that shareholders understand the rationale behind this decision. The facility allows us to increase leverage in a responsible manner with an attractive cost of capital. This is particularly important when you consider our long-term view on Bitcoin. We expect Bitcoin to annualise at c.29% CAGR over time and therefore see selective use of leverage at this stage of the cycle as an effective way to accelerate accumulation and hopefully help support a sustained mNAV premium. The purchase was funded in part through that facility. With Bitcoin still ~40% below its October highs and our leverage previously at ~6.4%, we believe this represents a measured and disciplined approach. More broadly, we see measured leverage (or “amplification”), when used responsibly, as an important component of a modern Bitcoin treasury strategy - one that we expect to become increasingly common across the industry, with levels actively managed through the cycle. Following this purchase, total drawings under the facility are £12m, with leverage at ~8.1%. The facility is secured against our Bitcoin holdings and has no fixed maturity, giving us full flexibility over repayment timing. For full transparency, we have decided to disclose the current variable interest rate we are paying, which is between 6.75% and 7.25%. We believe this represents a considered and responsible approach, forming part of our ongoing capital structure optimisation strategy. We were also encouraged by the supportive and constructive feedback from shareholders. Finally, we released a short 30-second film highlighting some of our key moments from the past year, which I enjoyed filming mid-week with Alex and @jonwbird. It felt like a fitting way to reflect on how far we’ve come. I ended the week travelling to Stroud with Jamie and Jon for @HenryBTCchef’s “Feast + Bitcoin” event to mark our one-year anniversary. It was a fantastic evening with great food and a real pleasure to meet so many of our shareholders. Online interaction is good, but nothing beats meeting in person and hearing people’s stories and hopes for Smarter Web. 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, our focus remains clear - to build Smarter Web into one of the leading companies in the UK over the course of a ten-year plan. The past 12 months have been about laying the right foundations, and I’m proud of what we’ve achieved together as both a company and an investor community. My conviction in Bitcoin, in what we’re building, and in the opportunity ahead is absolute. If we continue to execute with discipline and patience, I believe we have a clear path to becoming a FTSE 250 company and, in time, a FTSE 100 company. Before I sign off, I’d like to thank my family for their continued support and patience while the Company takes up so much of my time. Jo, Josh and Jess - I’m incredibly grateful for your understanding. I would like to thank our growing team of amazing people working together to grow The Smarter Web Company. And I want to say thank you to all our shareholders for your continued support. The best is yet to come. LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8

There is not a thing @RupertLowe10 says in this one clip to @Jacob_Rees_Mogg for @GBNEWS, that I believe is false. Credit where credit is due, to both him and @TRobinsonNewEra I’m still gonna choose @Nigel_Farage over Rupert, and @reformparty_uk need to turbo boost this underage gang rape ‘grooming’ scandal which varying degrees of people have been screaming about for over 20 years. But well done here, sir 🇬🇧

@smarterwebuk Thanks for everything, tremendous people behind a tremendous company. I have a feeling the next few months will be very exciting! 🚀🚀🚀

A lot can happen in a year - a short video from The Smarter Web Company to say thank you and reflect on a few highlights from our first 12 months as a publicly listed company. LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8

Hi @lowles_nick we haven’t forgotten you & @hopenothate. We Are Coming. “Mr. Saraswati, who wears a hijab, and considers herself a devout, practicing, reformist Muslim, was targeted due to her links to anti-Shariah campaigners. Her inclusion in the report drew ire from other reformist Muslims, including @MaajidNawaz of the Quilliam Foundation, who took to Twitter to air his disgust” breitbart.com/europe/2015/12… 10th Dec 2015 - by @RaheemKassam

@MaajidNawaz @splcenter 😎😎😎

Hello @splcenter how do you do?

The SPLC wasn't paying for the "infiltration" of "hate groups" (not including Antifa, by the way). It was supervising the posting of racist hate messages and helping with the transport of agitators who provoked riots. We all can read the grand jury indictment, which isn't based on opinion, but facts. BY THE WAY, since you are all going with this idiotic, fabricated narrative. If SPLC is a "non-profit" group, then they should just have staff members who are on salary infiltrating these groups. You hire them, put them on your books, and you don't conceal it from regulators or from donors. But the SPLC didn't. Because it's NOT a law enforcement agency, unlike the FBI. The SPLC helped to provoke the Charlottesville riot with paid agitators and then reaped the financial windfall. And compromised Democrats and corporate allies are SILENT about the SPLC helping to organize events using the KKK, Aryan Nation, and Unite the Right. Because the only thing that Democrats have to offer the American people are LIES.

@RandyVegetables @ZynxBTC everything

@BodgerGiles @ZynxBTC With?

I will keep saying it but the best trade in the world right now is rotating from Real Estate to Bitcoin. Rapidly falling birth rates, reduced migration and increasing taxes means that the easy wins of the last 30 years are over. Coming to a city near you. The Great Rotation.

@RandyVegetables @ZynxBTC good luck :)

@BodgerGiles @ZynxBTC Im not going to watch a 39 minute video, especially without even a summary of what its about. But if its about how bitcoin works, or how money works, then I'm confident I know at least as much as you.

@RandyVegetables @ZynxBTC youtube.com/watch?v=YtFOxN…

@BodgerGiles @ZynxBTC Ridiculous. Gold has been and still is seen as the ultimate safe haven asset, and it has never "taken over". The vast majority of wealth is not in hard assets at all. Most wealth is in equities and real estate. Thats mainly because real estate is the main asset held by most ppl.

It's almost as if OJ Simpson's legal team are now working for Merck Remember that if you take a pharma product that was known by them to be harmful it will take decades and millions of dollars to get redress, if you ever do. 👇👇👇👇

@ZynxBTC I remember there were several horrible individuals who invaded the SWC community, aggressively dissing SWC and bigging up their new kid on the block Satsuma - Karma is a bitch!

I tried to warn everyone about this company last July. Unfortunately, there are several other UK-listed companies that I spoke about last that year that have gone the way that I said they would. Bitcoin in self-custody is always a must. Humans are disappointing.

@RandyVegetables @ZynxBTC well then know everything (either you or chatgpt does) and you should understand why eventually wealth moves to the hardest most incorruptible asset.

@BodgerGiles @ZynxBTC The biggest current inflationary pressure is oil prices going up because supply is falling. If you increase supply proportionally with money supply, prices broadly remain static. Historically, central banks just print too much money, and thats the long term cause of inflation.

@RandyVegetables @ZynxBTC Do you hold any real wealth and is it going up in value or is it going down in value? To your earlier point, yes you can work for utility, but ultimately you surely want to aspire to more than just that? Do you understand what causes inflation ?

@BodgerGiles @ZynxBTC This is a rather dumb take, no offence. The only thing that is really worth anything is what gives you utility. It doesnt even make sense for "all value" to go to 1 "asset". It makes more sense to say BTC will become the dominant "real" money.

@ZynxBTC crazy to think that a $235 move in the value of an ounce of gold can easily happen in a day and is literally the whole market cap of BTC. Rotation when it comes is gonna be fire! 🔥🔥

Sometimes we forget just how early we are and niche the Bitcoin and Bitcoin Treasury space is. Market cap: Gold = ~$33tn NVIDIA = ~$4.8tn Google = ~$4.1tn Apple = ~$4tn Bitcoin = ~$1.56tn Strategy = ~$62bn Metaplanet = ~$2.81bn Strive = ~$1.12bn We have orders of magnitude to go.

@RandyVegetables @ZynxBTC all wealth will eventually rotate into bitcoin as other "stores of value" cannot match it for scarcity and being decentralised

@ZynxBTC Nothing is safe. Prices for all assets will fall, and inflation will rise. Its inevitable. At some point, it will just be those who work that win.

@ContrarianMatt @ZynxBTC at 11.5% for 10 years compounded a full ISA subscription would rise to just under £60k - that will be more than enough!

@ZynxBTC If I wanted to buy a place in London I'd wait a few years and save my deposit in STRC in an ISA.

@MollyTeachesFCS @omaze60 @LeilaniDowding 15 audits carried out by ....

@BodgerGiles @omaze60 @LeilaniDowding They have the DoD for all that. NASA has passed their last 15 audits.

Watch the cellphones. They are “recording the astronauts” but they are not showing the astronauts..

Currently #5 best performing stock in the FTSE All-Share today. We seem to be showing up in the Top Risers lists a fair bit since joining the FTSE indices - not too bad!

🚨 DISTURBING: The Biden Administration opened the door to fraud. @SecKennedy describes how @HHSgov recently uncovered monstrous fraud at hospices in Los Angeles.

@EssexPR He should be replaced as he lied to the house, labour wont replace him as they have no one else - They have 403 MPs and no one is deemed fit to replace him. There needs to be a vote of no confidence and then a General Election - this shambles are an absolute disaster for the UK

The House of Commons exists to hold representatives of the people to account. Do your job — Keir Starmer has blatantly lied.