Smarter Web has increased its Bitcoin holdings by purchasing an additional 10 BTC, bringing its total to 2,869 BTC. The UK-listed company acquired the coins for £557,865, at an average price of £55,786 per BTC, which is below its existing average cost basis. This strategic move is part of Smarter Web's ongoing effort to enhance its Bitcoin-led balance sheet. The purchase was financed through a credit facility with Coinbase, from which Smarter Web has drawn £18 million. The loan, secured against existing BTC holdings, carries a variable interest rate between 6.75% and 7.25%. The company maintains a leverage ratio of approximately 12.19% and can repay the facility at any time without penalty, allowing for flexible debt management. Smarter Web's strategy reflects a broader trend among public companies to leverage Bitcoin as a corporate reserve. By acquiring BTC below its average cost, the company reduces its overall cost basis, signaling confidence in Bitcoin's role in its financial strategy.