UK Bitcoin Finance Company Smarter Web Company considers acquiring competitors at discounted prices

According to Cointelegraph, according to Cointelegraph on September 12, Andrew Webley, CEO of The Smarter Web Company, the largest company in the UK, said the company is considering acquiring a troubled competitor to expand its asset reserves. Webley told the Financial Times that he “definitely considers” buying competitors at a discount to get their Bitcoin. The company is eager to be included in the FTSE 100 index and the name change is "inevitable", but he needs to be "handled properly". According to BitcoinTreasuries.NET, The Smarter Web Company is the world's 25th largest company Bitcoin reserve holder and the largest holder in the UK. The company currently holds 2,470 Bitcoins worth nearly $275 million. Shares of Smarter Web fell nearly 22% on Friday, from $2.01 at the opening to $1.85 at the time of writing.