# 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.

- Published: 2026-07-24T05:23:58.626Z
- Canonical: https://polylog.news/crypto/2026-07-24/smarter-web-company-sells-178-bitcoin-to-retire-debt-early-y
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [Bitcoin Magazine](https://bitcoinmagazine.com/news/smarter-web-company-sells-bitcoin), [CryptoSlate](https://cryptoslate.com/bitcoin-treasury-company-erases-7-7m-potential-shares-after-selling-177-btc-yet-bitcoin-per-share-fell/)

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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