Smarter Web adds $30M Coinbase credit line to speed Bitcoin buys after fundraises

1 month ago

United Kingdom-listed Bitcoin treasury steadfast The Smarter Web Company has secured a $30 cardinal Bitcoin-backed recognition installation from Coinbase Credit. The installation is secured against Bitcoin held successful custody with Coinbase. 

The institution said Tuesday the installation is designed to assistance it deploy superior into Bitcoin (BTC) instantly aft equity raises, reducing colony timing hazard during volatile markets. Smarter Web said it does not mean to usage the installation arsenic semipermanent indebtedness to concern Bitcoin purchases.

Smarter Web is listed connected the London Stock Exchange’s Main Market and besides trades connected the OTCQB Venture Market successful the United States. The institution describes Bitcoin arsenic a halfway constituent of its treasury strategy and has antecedently said it aims to grow its integer plus holdings.

The determination comes arsenic integer plus treasuries (DATs) recorded billions successful nett inflows from precocious 2025 done January 2026 earlier cooling successful February.

Digital plus treasury monthly inflow data. Source: DefiLlama

Data from DefiLlama shows DAT inflows reached $4 cardinal successful December and $3.7 cardinal successful January, earlier totalling conscionable $363 cardinal done Feb. 24. 

While inflows stay affirmative successful aboriginal 2026, February totals are tracking good beneath late-2025 peaks.

Smarter Web’s Bitcoin treasury holdings 

According to information from BitcoinTreasuries.net, Smarter Web holds 2,689 Bitcoin, acquired astatine an mean acquisition outgo of $112,865 per coin.

At existent prices, the company’s holdings are valued astatine astir $170 million, reflecting an unrealized nonaccomplishment of astir 44% based connected the reported outgo basis.

On Sept. 12, 2025, Smarter Web reported holding 2,470 BTC and described itself arsenic the UK’s largest firm Bitcoin holder astatine the time.

The institution besides signaled involvement successful acquiring competitors to grow its treasury and said it aspired to articulation the FTSE 100 index. 

The latest tracker information suggests the institution continued accumulating since then.

Smarter Web’s caller installation would let it to get against existing Bitcoin holdings to determination much rapidly pursuing equity raises, past repay erstwhile fundraising proceeds settle.

Related: Top crypto treasury companies Strategy and Bitmine adhd to BTC, ETH stacks

Diverging firm Bitcoin strategies

Smarter Web’s determination comes arsenic nationalist companies instrumentality varied approaches to managing Bitcoin exposure.

On Monday, Strategy added 592 BTC to its equilibrium sheet, bringing its full holdings to 717,722 BTC and marking its 100th BTC acquisition since 2020.

By contrast, Bitdeer announced connected Saturday that it had liquidated its full Bitcoin treasury, reducing firm holdings to zero portion raising superior done a convertible indebtedness offering.

Magazine: Bitdeer sells each Bitcoin, Metaplanet rejects misconduct claims: Asia Express

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