π° News Alert...
π Title: Smarter Web Sells 178 Bitcoin to Repay $11.7M Convertible Instrument Early
ποΈ Published: 2026-07-23T15:00:00.000Z
π Summary: The Smarter Web Company has sold 177.89 BTC at a price of $65,762 per bitcoin to repay $11.7 million owed to TOBAM ahead of schedule. This strategic move has allowed the company to cancel the issuance of 7.7 million potential shares, thereby preventing dilution of existing shareholders. This repayment signals Smarter Webβs strong financial position and their commitment to managing debt efficiently.
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ποΈ Source: Naga Avan-Nomayo
π #CryptoFinance #CorporateDebt #SmartRepayment
'Not currently the right capital solution': Smarter Web sells 178 bitcoin to repay $11.7M convertible instrument | The Block








