The CEO of The Smarter Web Company (SWC), Andrew Webley, shared new insights with investors, focusing on trading volume, valuation, and the company's recent Bitcoin performance. His post coincided with the end of the firm's financial year, offering a transparent view of operations and outlook.
Webley highlighted that trading volume across three markets—Aquis, OTCQB, and Frankfurt—reached levels unlikely to drop further, crediting investor Jon Levy for tracking data via a unified chart. Despite strong activity, he admitted the market price remains disappointing but expressed optimism that the company's true value will be recognized over time.
SWC delivered a 1.7% Bitcoin yield in October, which annualizes to a 22.4% BTC return per share, even with a 9% discount to net asset value (mNAV 0.91). Webley described this as "exceptional value" for shareholders, emphasizing solid fundamentals.
On regulatory updates, Webley confirmed that UTXO Management, an early investor since SWC's IPO, filed a TR-1 form verifying no share sales. Combined with his own holdings, over 22% of shares are held by notifiable investors (owning over 3%), reinforcing confidence in the long-term strategy.
Behind the scenes, Webley acknowledged challenges in leading a publicly traded Bitcoin Treasury company, with many projects undisclosed until finalized. However, the website redesign accelerated, and several "potentially positive" meetings were held. He referenced MicroStrategy's earnings call, praising its capital deployment and international expansion, and agreed that Bitcoin volatility creates opportunities for short-term gains.
With the financial year ending at midnight on Friday, SWC will report unrealized profits based on Bitcoin's closing valuation, with analytics already showing a small gain. Webley outlined a busy week ahead, including travel, a media interview, and attendance at the Global Digital Assets Forum in London. He expressed gratitude to the SWC community for transparency efforts, highlighting a new community-built dashboard tracking ATM progress and trading across exchanges.
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