UK-based web design firm expands Bitcoin holdings, becoming one of the largest corporate BTC investors.
Formerly known for web design and digital marketing, the company accelerated its Bitcoin acquisitions after deciding to hold BTC as its primary financial reserve. With its latest purchase of around 230 BTC for $24.6 million, the firm's total holdings exceeded 773 BTC.
Although the Bitcoin investments significantly boosted the company's market value initially, recent weeks saw severe fluctuations in share prices. Market experts caution that heavily leveraged corporate Bitcoin investments could pose significant risks during market downturns.
