Published: February 23, 2026 at 9:15 am
A former unicorn company making a name for itself by stockpiling Bitcoin has acquired Bristol-based Squarebird Agency.
Founded in 2009 and based in Guildford, The Smarter Web Company PLC offers website design and development alongside marketing services for “affordable” prices.
It hit the headlines after floating on Aquis in April 2025 with a valuation of £3.7m before quickly becoming the highest-valued stock on that exchange by some distance – and even broke a £1bn market cap at one point, briefly giving it unicorn status.
However its market cap has dropped dramatically since that moment and currently stands at £147m, with a share price of around 32 pence.
Since 2023 the company has adopted a policy of accepting payment in Bitcoin as it “believes that Bitcoin forms a core part of the future of the global financial system”.
More pertinently, it is also “exploring opportunities through organic growth and corporate acquisitions is pioneering the adoption of a Bitcoin Treasury Policy into its strategy”.
Now it has moved to acquire Squarebird, a web design and digital marketing agency, for £1.7 million as part of ‘10-year plan’.