Smarter Web Company sells $11.7 million in Bitcoin to repay debt, keeps 2,700 BTC
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🚨 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 million new shares.
🏦 The company still holds 2,700 BTC in its treasury after the transaction.
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