Smarter Web Company's stock rallies by 43% after its Bitcoin stash hits $36M

Bitcoin treasury mania has hit the United Kingdom.

• Firm’s stock has rallied by over 500% since adopting Bitcoin
• According to the CEO, more aggressive accumulation could be on the cards in the future

U.K’s first Strategy copycat, The Smarter Web Company, has increased its Bitcoin holdings to 346.63 BTC with its latest £8 million purchase. 

As expected, the update pumped its share price by 43% as traders front-ran the announcement, marking the beginning of Bitcoin treasury frenzy in the United Kingdom.