Smarter Web
SWC.AQMarket valuation vs the Bitcoin it holds
0.99×
Discount
a 1% discount to Bitcoin NAV
Smarter Web trades at 0.99× its Bitcoin NAV — you pay 99¢ for every $1 of Bitcoin it holds, a 186.0M USD pile.
Live · last updated
BTC held
2,878 BTC
Bitcoin treasury
Bitcoin NAV
186.0M USD
at today's BTC price
Market cap
16.0B USD
Fully diluted
Share price
29.4 GBX
GBX
Last BTC buy
9 BTC
May 29, 2026
mNAV over time
Full history · dilutedToday's 0.99× sits in a 52-week range of 0.57× to 3.99×.
mNAV · 52-week range
0.57×–3.99×
0.57×now 0.99×3.99×
About Smarter Web
Smarter Web (SWC.L) owns 2,878 BTC. At today's price that Bitcoin is worth 186.0M USD. The market caps the whole company at 16.0B USD — 0.99× its Bitcoin. Put plainly: you pay 99¢ for every $1 of Bitcoin it holds, a 1% discount to simply owning the coins. It bought in at an average of 107.9K USD per coin.
Smarter Web (SWC.L) mNAV — frequently asked
- What is Smarter Web (SWC.L)'s mNAV?
- Smarter Web's mNAV is currently 0.99×. mNAV divides SWC.L's market capitalisation by the value of the Bitcoin it holds, so 0.99× means the market values the company at 0.99× the worth of its Bitcoin treasury (186.0M USD).
- Is Smarter Web (SWC.L) overvalued versus its Bitcoin?
- At 0.99×, Smarter Web (SWC.L) trades at a 1% discount to the Bitcoin it holds. Whether that is rich or cheap is best read against its own history: over the past year its mNAV has ranged 0.57×–3.99×.
- How much Bitcoin does Smarter Web (SWC.L) hold?
- Smarter Web holds 2,878 BTC, worth 186.0M USD at current prices. Its most recent purchase was 9 BTC on May 29, 2026.
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