Andrew Webley has reiterated that The Smarter Web Company will steadfastly adhere to its Bitcoin-only treasury approach, despite the sharply divided market sentiment surrounding BTC. In a year-end update directed at shareholders, he emphasized that the company does not engage in trading Bitcoin or shifting into other assets. Instead, it focuses solely on purchasing Bitcoin and maintaining it for the long haul—no timing strategies, no hedging tactics, and no alternatives. According to Webley, this disciplined strategy is essential because markets tend to penalize certainty; particularly with Bitcoin’s historical tendency to behave contrary to prevailing expectations.
A Balance Sheet Strategy Designed for Market Fluctuations
Webley acknowledged that recent fluctuations in Bitcoin’s price have been quite pronounced. However, he characterized these movements as a healthy correction rather than a deviation from their long-term outlook. He remains optimistic about Bitcoin resuming its upward trajectory and potentially surpassing the $100,000 mark over time.
As we near year-end, opinions regarding Bitcoin are becoming increasingly polarized. Some believe it could soon break decisively past $100K towards new peaks—myself included—while others seem ready to throw in the towel entirely. One lesson from market behavior… https://t.co/CnzVwEBep4
— Andrew Webley (@asjwebley) December 20, 2025
Nevertheless, he emphasized that making price predictions is not part of their strategy; their treasury policy completely avoids short-term forecasts. The company consistently accumulates Bitcoin regardless of market conditions and retains it for years rather than quarters so as not to distract from core business operations due to treasury decisions. Thus volatility becomes mere background noise instead of an impetus for action.
Addressing mNAV Concerns and Enhancing Transparency
Webley also tackled shareholder worries regarding valuation issues as the company’s current mNAV remains below one—a critical threshold closely monitored by many investors focused on Bitcoin. While expressing disappointment over this situation, he framed it as temporary in nature. To boost transparency moving forward, they recently revised their ATM-style facility policy; notably Smarter Web did not sell any shares during the last two weeks prior to this update. From now on they will report weekly only when shares are actually issued which should provide investors with clearer insights into dilution effects and capital utilization strategies going forward.
The “Bitcoin Only” Policy Remains Firmly Established
Webley firmly rejected any suggestions advocating diversification within their treasury holdings stating bluntly that such policies are non-negotiable—the company exclusively holds only Bitcoins while cash reserves exist strictly for operational needs alone without consideration given towards other cryptocurrencies or equities nor yield-generating strategies whatsoever according him consistent adherence since inception irrespective of external pressures faced by markets themselves.
As we wrap up another year Andrew credited his team’s diligent efforts behind-the-scenes while hinting at several upcoming projects slated for disclosure once appropriate timing permits them publicly announcing those initiatives presently however emphasizes simplicity: No trading activities undertaken nor pivots made just focused dedication toward building out sustainable long-term bitcoin balance sheet unaffected by transient sentiments observed along marketplace dynamics!