BUSINESSJul 23 · 19:50 UTCBITCOIN MAGAZINEMicah Zimmerman

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

Smarter Web Company sold 177.89 BTC at $65,762 each to repay an $11.7 million convertible debt facility with TOBAM, avoiding equity dilution. The company retains 2,700 BTC, framing the sale as a strategic debt management move rather than a loss of confidence in Bitcoin.

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The Smarter Web CompanyorganizationTOBAMorganizationBitcointopicSmarter ConverttopicMicah Zimmermanperson

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