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Smarter Web Company PLC (AQUIS:SWC) announced on Wednesday that it has increased its bitcoin holdings. The company purchased an additional 225 bitcoins at an average price of 88,482 pounds (118,080 dollars). This purchase represents a total investment of 19.9 million pounds.
According to the company's press release, with this purchase, total bitcoin assets reached 2,050 bitcoins. The company's average purchase price per bitcoin was £81,346 ( $108,556 ). The cumulative investment amount rose to £166.8 million.