The United Kingdom-listed Bitcoin treasury firm, The Smarter Web Company, has announced a strategic move to secure a $30 million Bitcoin-backed credit facility from Coinbase Credit. This facility, secured against Bitcoin held in custody with Coinbase, is designed to facilitate the rapid deployment of capital into Bitcoin immediately following equity raises, thereby mitigating settlement timing risks in volatile markets.
Smarter Web, listed on the London Stock Exchange’s Main Market and the OTCQB Venture Market in the United States, has positioned Bitcoin as a cornerstone of its treasury strategy. The company has previously expressed its ambition to expand its digital asset holdings and even hinted at aspirations to join the FTSE 100 index. The new credit line will enable the company to act swiftly and efficiently, capitalizing on market opportunities as they arise.
Addressing Market Volatility
The timing of this move is particularly significant given the recent trends in digital asset treasuries (DATs). According to data from DefiLlama, DAT inflows surged to $4 billion in December 2025 and $3.7 billion in January 2026, only to cool down to $363 million by February 24, 2026. While inflows remain positive in early 2026, February totals are well below the late-2025 peaks, highlighting the need for agile strategies to navigate market fluctuations.
Smarter Web’s current Bitcoin holdings, valued at approximately 2,689 BTC, were acquired at an average cost of $112,865 per coin. At current market prices, these holdings are valued at around $170 million, reflecting an unrealized loss of about 44% based on the reported cost basis. Despite this, the company’s strategic focus on Bitcoin remains unwavering.
Diverse Corporate Strategies in the Bitcoin Space
Smarter Web’s approach is part of a broader trend where public companies are adopting varied strategies to manage their Bitcoin exposure. For instance, Strategy, a prominent player in the crypto space, recently added 592 BTC to its balance sheet, bringing its total holdings to 717,722 BTC. This marks the company’s 100th BTC purchase since 2020, underscoring its long-term commitment to Bitcoin.
Conversely, Bitdeer, a leading Bitcoin mining company, announced the liquidation of its entire Bitcoin treasury, reducing its corporate holdings to zero. The company chose to raise capital through a convertible debt offering, reflecting a different risk management strategy in the volatile crypto market.
Looking Ahead
The new credit facility from Coinbase Credit will allow Smarter Web to borrow against its existing Bitcoin holdings to expedite capital deployment following equity raises. This flexibility will be crucial as the company continues to navigate the dynamic landscape of digital assets. With a strategic focus on expanding its digital asset holdings and a commitment to agile financial management, Smarter Web is well-positioned to capitalize on future opportunities in the Bitcoin market.
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