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

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

Original Source: Bitcoin Magazine Original URL: https://bitcoinmagazine.com/news/smarter-web-company-sells-bitcoin Content: 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 Bitcoin Magazine and is written by Micah Zimmerman.

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