TD Cowen reiterates buy rating on Smarter Web Company, says it remains UK’s only scaled bitcoin treasury vehicle
TD Cowen reiterates a buy rating on UK-listed Smarter Web Company, citing its unique position as Britain's only scaled bitcoin treasury vehicle. The firm holds 2,750 BTC, making it the 27th largest public treasury globally. Despite a 30% unrealized loss from higher purchase prices, analysts project potential upside through bitcoin appreciation and regulatory catalysts under the Genius and Clarity acts.
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