Smarter Web Secures $30M Coinbase Credit Line to Accelerate Bitcoin Purchases

UK listed The Smarter Web Company has secured a $30 million Bitcoin backed credit facility from Coinbase Credit to accelerate Bitcoin acquisitions following equity fundraises. The facility is collateralized by Bitcoin held in custody with Coinbase.

The company said the credit line is intended to bridge the gap between raising capital and receiving settlement proceeds, enabling faster deployment into Bitcoin during volatile market conditions. It emphasized that the facility is not designed as long-term debt for ongoing Bitcoin accumulation.

Corporate Bitcoin Treasury Holdings and Market Context

Smarter Web, listed on the London Stock Exchange’s Main Market and trading on the OTCQB in the US, currently holds 2,689 BTC at an average acquisition cost of $112,865 per coin. At current prices near $64,000, its treasury is valued at roughly $170 million, representing a significant unrealized drawdown.

The move comes as digital asset treasury inflows have slowed. Data from DefiLlama shows inflows peaked at $4 billion in December and $3.7 billion in January before cooling sharply in February.

Corporate strategies remain mixed, with firms adjusting leverage, accumulation pace, and balance sheet exposure in response to shifting market conditions.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.