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 treasury of 2,700 BTC. This post Smarter Web Company Sells Bitcoin to Clear $11.7 Million Debt Facility first appeared on ...
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The $11.7 million convert vanished, leaving a simpler capital stack and a tougher test for replacement funding. The post Bitcoin treasury company erases 7.7M shares after selling 177 BTC – yet Bitcoin per share fell appeared first on CryptoSlate....