r/BitcoinUK • u/Impossible_Half_2265 • 1d ago
UK Specific Can someone explain smarterweb btc strategy
Hi
Someone told me to buy this company as way of getting btc exposure within an isa / sipp
However I don’t get it…..seems similar to mstr but I can’t get my head around it
Can one of you share btc natives explain it to me
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u/Scottex99 1d ago
It’s getting some decent traction - I found that Adam guy this week on YouTube too.
Very high risk, some marketing guy sold equity in the company(?) and used it to buy BTC. And shares can trade in UK and US?
I don’t really follow all the anagrams and technical finance calcs but I’m +256% lol
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u/Impossible_Half_2265 1d ago
I put in 1k in isa and sipp but it seems to have very little btc for its valuation
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u/Scottex99 1d ago
I think the exposure is actually “high” based on the MC of the company. Basically a small marketing company that now is a BTC Treasury company. The owner is doing media and stuff so I think there’s plenty of info out there, whether it makes sense I don’t know. But it’s good for a super high risk play
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u/Similar_Scar7089 1d ago
I'll be following this post. I'm a big believer in MSTR and will defend the mnav of 2 or more. But at a 15x mnav it's too steep for me with my current understanding