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Smarter Web Company Sells Bitcoin to Clear $11.7 Million Debt Facility

Covered by 2 sources · 2 articles

2 outlets - including Coin-turk and Bitcoinmagazine - are covering this story. 🚨 Smarter Web Company has sold $11.7 million worth of $BTC to repay debt. 🪙 The firm settled the entire TOBAM convertible facility ahead of schedule with Bitcoin proceeds. 📉 Smarter Web avoided shareholder dilution by not issuing 7.7 mil…

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Smarter Web Company sells $11.7 million in Bitcoin to repay debt, keeps 2,700 BTC
CoinTurk News Jul 23, 20:38 UTC

Smarter Web Company sells $11.7 million in Bitcoin to repay debt, keeps 2,700 BTC

🚨 Smarter Web Company has sold $11.7 million worth of $BTC to repay debt. 🪙 The firm settled the entire TOBAM convertible facility ahead of schedule with Bitcoin proceeds. 📉 Smarter Web avoided shareholder dilution by not issuing 7.7 mil…

Smarter Web Company Sells Bitcoin to Clear $11.7 Million Debt Facility
Bitcoin Magazine Jul 23, 19:50 UTC

Smarter Web Company Sells Bitcoin to Clear $11.7 Million Debt Facility

Bitcoin Magazine Smarter Web Company Sells Bitcoin to Clear $11.7 Million Debt Facility The Smarter Web Company sold 177.89 BTC for $11.7 million to repay a convertible debt facility early, avoiding shareholder dilution while retaining a tr…