PANews April 27 news, according to The Block, broker TD Cowen reiterated its "buy" rating for the London Stock Exchange listed company Smarter Web Company, stating it remains the only scalable, institutionally accessible Bitcoin treasury company in the UK. The report indicated that the company recently increased its Bitcoin holdings at a price of approximately 57,000 pounds (around 77,000 dollars), reducing its marginal cost, and currently holds about 2,750 BTC, making it one of the largest listed companies by Bitcoin holdings in the UK. Its average Bitcoin purchase price is approximately 111,000 dollars, and at the current price of about 77,600 dollars, the paper loss is approximately 91,100 million dollars, with a decline of about 30%. TD Cowen maintains a target price of 1 pound, based on a scenario of a Bitcoin benchmark price of 140,000 dollars by the end of 2026, and believes that such listed Bitcoin treasury assets still possess scarcity and operational flexibility in the UK market.

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