
Danny Boon
3.9K posts



Someone said once that the 90s was the best decade because while technology was rapidly improving it was still in service of improving the quality of human life, not in service of mass information gathering and surveillance. After 9/11, everything changed. But in the 90s the tech was still helping everyone have cooler better lives.

ANNOUNCEMENT Today we announced a 1 BTC purchase, funded via our ATM equity programme and Capital Deployment Programme. More stacking. More sats per share 💪

Success doesn’t truly make us happier. Why? Our neurobiology is wired for progress, not arrival. The dopamine system rewards the pursuit. Once a goal is reached, the brain resets and the target moves. It’s what @arthurbrooks calls the “striver’s curse.” You work relentlessly toward a goal believing it will bring lasting satisfaction, but when you get there, the feeling fades quickly. The trap is thinking the answer is more (more success, money, weight loss, etc). A better framework: Satisfaction = what you have ÷ what you want. Most people try to increase the numerator. But the more powerful lever is reducing the denominator (wanting less).





Unfortunately not 'breaking'. And not surprising at all. The UK hates Bitcoin and all it stands for.

Being the CEO of a public company means managing multiple priorities at once; balancing short-term execution while continuing to build and deliver on our long-term strategy. Much of the work that ultimately results in an announcement has often been underway for weeks, or even months behind the scenes. What the market eventually sees as a single update is typically the outcome of many moving parts coming together - planning, structuring, discussions and coordination across the team. In an environment where markets and sentiment can shift quickly, an important part of leadership is learning to block out some of that short-term noise and remain focused on the fundamentals of the business and the strategy we are executing. Our approach remains disciplined and consistent: continuing to build the company while aiming to increase long-term Bitcoin per share for shareholders which I feel we have done this week. Firstly, a few thoughts on the markets. It has been encouraging to see Bitcoin trade modestly higher over the past week despite the ongoing geopolitical tension and macro uncertainty. At the time of writing, it sits around $71,000, compared with roughly $68,000 when I wrote my previous weekly update. In the very short term, $70,000 is a level I have been watching closely. If Bitcoin can hold this level with conviction, it could act as a stepping stone toward higher levels although I recognise sentiment for many remains cautious. Focusing only on short-term price levels risks missing the bigger picture. When assessing a younger asset like Bitcoin, it is important to consider both its long-term value proposition within the broader environment in which it trades. The broader macro backdrop this week has been far from quiet. Conflict in the Middle East continues to dominate headlines, contributing to heightened uncertainty in global markets. At the same time, oil prices have been notably volatile, reflecting the market’s sensitivity to geopolitical developments and potential supply disruptions. Meanwhile, the Nasdaq index - often compared to Bitcoin and sometimes described as a less volatile proxy for technology equities - ended the week slightly down. While Bitcoin can at times appear correlated with risk assets, I continue to believe that over the long term it will increasingly differentiate itself from other traditional markets. Overall, Bitcoin is becoming less correlated with other assets, even though short-term correlations will always appear from time to time. Moving on to this week’s developments at The Smarter Web Company. On Monday, we announced an update to our ATM facility, which continues to provide us with flexibility as we execute our strategy. Maintaining access to efficient capital markets tools remains an important part of how we operate, particularly as we continue to grow the company and expand our Bitcoin treasury. We raised £62,793 (before expenses), equivalent to approximately £0.37 per share. On Tuesday, we announced another Bitcoin purchase. It was a relatively small addition, but every Bitcoin matters. Our strategy is consistent and disciplined - continuing to accumulate Bitcoin over time while maintaining strong operational foundations within the business. I also did a livestream with @Croesus_BTC where we discussed a variety of different topics. On Thursday, we launched a voluntary purchase offer for our pre-IPO warrants. These warrants have been a topic of discussion among since our listing and something that the team has been evaluating for some time. It is worth remembering that when we took The Smarter Web Company public, very few people believed this model would work in the UK. To successfully complete the pre-IPO fundraising, we offered those early investors warrants as an incentive for backing the vision at a time when there was considerable scepticism. Today, it is clear that the model does work. With our shares currently trading at 0.83 mNAV, and investors accepting a discount to the current share price in exchange for immediate proceeds, the voluntary warrant purchase offer provides the Company an opportunity to reduce the number of fully diluted shares at an attractive rate. This in turn improves our key metrics for the quarter, helps clean our capital structure while also helping to mitigate potential equity overhang. There was a significant amount of work behind the scenes to make this possible, with multiple moving parts needing to align. Periods of more challenging sector sentiment require us to think creatively about how we can continue increasing long-term Bitcoin per share within the regulatory framework we operate in and our current size. I believe this initiative is a good example of that approach, and I want to thank everyone involved for moving quickly and efficiently to make it happen. We will announce the results on Monday via a regulatory announcement, and I look forward to sharing the outcome with you then. As I mentioned at the start, our focus remains on building long-term value, even if some of the work that contributes to that value only becomes visible once it is ready to be announced. I am pleased with how well the team continues to navigate this dynamic environment - progressing multiple initiatives across the business while maintaining a strong operational foundation. As we continue to grow, I am confident in the team we have built and moving forward in our ability to attract world class talent to support the next phase of the company’s development. The last few months have not been easy for our community, but they are a valued part of our team. When we are working hard to deliver value it is pleasing to see many comments from the community that also share our vision. 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 @jorddd_ @ZynxBTC @wildgoosejon @SmarterBuildBTC @ourgoodlifeuk @AFCB12 @Britcoiner62 @SophieSatoshi @levyuk @butler_np @Raj_Devsi @Frank54703905 @SmarterBuildBTC @DivBy21 @BitcoinBee21 and @smarter_dash. Looking ahead to next week, I will be spending several days in London, with @Croesus_BTC, for some important meetings. I hope to be able to share more with you, on some of these discussions, in the near future. We are also looking forward to doing a podcast with someone that we have not recorded with before - more of that soon. It is also now around one week until our inclusion in the FTSE indices, which is a milestone that still feels somewhat surreal. When we first set out on this journey, reaching this point was certainly an ambition, but to now be so close to it becoming reality is incredibly exciting. It will be interesting to see what impact this has on our stock over time as index inclusion often brings increased visibility and, in some cases, new institutional participation. Adjacent to this, I have also been encouraged by our overall volumes which continue to improve. We also have our AGM taking place on Thursday. If you have not yet voted, please do take a moment to do so. Shareholder participation is an important part of the governance of the company, and we appreciate the continued engagement and support from our investors. It is now just over two months until we host the first dedicated Bitcoin treasuries unconference UK. I am very pleased with the line-up we have assembled. We will have representation from many of the leading Bitcoin treasury companies in the UK, alongside several excellent international speakers who are helping shape the global conversation around Bitcoin on corporate balance sheets. The event is also being supported by a number of sponsoring companies, whose backing we are very grateful for. Bringing together businesses, investors and industry leaders in this space is something we are excited about, and we look forward to welcoming everyone to what should be a very interesting and important event for the UK Bitcoin ecosystem. I hope to release the agenda for the Bitcoin treasuries unconference UK in the next week and please do not forget that you can buy tickets for the event by visiting our website. To conclude; The Smarter Web Company was listed in the UK as I could not find a UK company following this strategy. It is a business that I am immensely proud to manage and one that is run, to the best of my ability, for the benefit of all shareholders. I appreciate your support and I am very much looking forward to both the week ahead and the future beyond that. Thank you. LSE: #SWC | OTCQB: $TSWCF | FRA: $3M8



🪙Is Bitcoin really the "unquestionable asset"? Today, @rkbaggs was joined by @freddienew of @bitcoinhodlco to discuss the state of treasury companies, the rise of the Lightning network, and the importance of cypherpunk values (and quite a bit more!) #CHAINREACTION



Real bravery is where ur willing to take a sh*t The lowest T men can only poop at home Autists and social anxiety types Average mfs may be willing to drop one in a nice hotel lobby or upscale grocery store But the bravest of men The conquerors Will sh*t at the gas station



Dear @BBCNews end-to-end encryption (E2EE) is not a ‘controversial privacy feature’, it’s essential bbc.com/news/articles/…



