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Home»Bitcoin»Coinbase credits Smarter web with $30M in Bitcoin

Coinbase credits Smarter web with $30M in Bitcoin

Bitcoin By Gavin25/02/2026
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Bitcoin Faces Resistance as Bearish Divergences Emerge
Bitcoin Faces Resistance as Bearish Divergences Emerge
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The Smarter Web Company, a United Kingdom listed Bitcoin Treasury firm, has obtained a credit facility of $30 million backed by Bitcoin from Coinbase Credit. The facility will be secured with Bitcoin that Coinbase holds in its custody. 

The Company said The facility will help the company deploy its capital in Bitcoin.BTCThe settlement can be made immediately following the equity raising, thus reducing timing risks during volatile markets. Smarter Web has stated it will not use the facility for long-term borrowing to fund Bitcoin purchases.

Smarter Web’s shares are listed in London on the Main Market, and they also trade on the OTCQB Venture Market here in the United States. Smarter Web describes Bitcoin as an important part of its Treasury strategy. It has also stated that it plans to increase its holdings in digital assets.

Digital Asset Treasuries (DATs), which hold digital assets, recorded net flows of billions between late 2025 and January 2026. They then cooled in February.

Monthly digital asset inflow data. Source: DefiLlama

DAT flows as shown by DefiLlama data reached The total amount of $363 Million through February 24 is just 363 millions, compared to $4 Billion in December and $3.7 Billion in January. 

Inflows in February 2026 are well below the late-2025 peak.

Smarter Web Bitcoin Treasury Holdings 

According to data from BitcoinTreasuries.net, Smarter Web holds 2,689 Bitcoin, acquired at an average acquisition cost of $112,865 per coin.

The current price of the holdings is approximately $170,000,000, which represents an unrealized profit of roughly 44% on the basis reported cost.

Smarter Web reported 2,470 BTC as of Sept. 12 2025. described itself as the UK’s largest Bitcoins were held by corporate Bitcoin holders at the time.

The company has also indicated an interest in acquiring other companies to grow its treasury. They have stated their desire to be included in the FTSE 100. 

Data from the tracker suggests that since then, the company continues to accrue.

Smarter Web can now borrow from its existing Bitcoins in order to make a faster move after raising equity. Then, it will repay the borrowed funds once all fundraising proceeds are settled.

Related: Top crypto treasury companies Strategy and Bitmine add to BTC, ETH stacks

Diverging corporate Bitcoin strategies

Smarter Web is taking a different approach to Bitcoin risk management than other public companies.

Strategy has added 592 BTCs to its account on Monday. bringing its total holdings Its 100th BTC transaction since 2020 marks the purchase of 717,722 BTC.

Bitdeer, on the other hand, announced that it was announcing its closure to customers this Saturday. liquidated its entire Bitcoin treasuryReducing corporate holdings through convertible debt offerings to zero.