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Morning Edition · Friday, July 24, 2026Published at 1:23 AM EDT · New York
Smarter Web Company Sells 178 Bitcoin to Retire Debt Early, Yet Bitcoin Per Share Falls
The London-listed treasury firm cleared an 11.7 million dollar convertible facility and canceled 7.7 million potential shares, but its holding of Bitcoin per share still declined.
The Smarter Web Company sold 177.89 Bitcoin for 11.7 million dollars to repay a convertible debt facility early, avoiding the shareholder dilution that conversion would have caused while keeping a treasury of about 2,700 Bitcoin. Retiring t…
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