Smarter Web Secures $30M Bitcoin Credit from Coinbase

United Kingdom-listed Bitcoin treasury agency The Smarter Web Firm has secured a $30 million Bitcoin-backed credit score facility from Coinbase Credit. The power is secured in opposition to Bitcoin held in custody with Coinbase. 

The corporate said Tuesday the power is designed to assist it deploy capital into Bitcoin (BTC) instantly after fairness raises, decreasing settlement timing danger throughout unstable markets. Smarter Web mentioned it doesn’t intend to make use of the power as long-term debt to finance Bitcoin purchases.

Smarter Web is listed on the London Inventory Trade’s Essential Market and likewise trades on the OTCQB Enterprise Market in the USA. The corporate describes Bitcoin as a core part of its treasury technique and has beforehand mentioned it goals to develop its digital asset holdings.

The transfer comes as digital asset treasuries (DATs) recorded billions in web inflows from late 2025 via January 2026 earlier than cooling in February.

Knowledge from DefiLlama reveals DAT inflows reached $4 billion in December and $3.7 billion in January, earlier than totalling simply $363 million via Feb. 24. 

Whereas inflows stay constructive in early 2026, February totals are monitoring nicely under late-2025 peaks.

Smarter Web’s Bitcoin treasury holdings 

According to information from BitcoinTreasuries.web, Smarter Web holds 2,689 Bitcoin, acquired at a mean acquisition price of $112,865 per coin.

At present costs, the corporate’s holdings are valued at roughly $170 million, reflecting an unrealized lack of about 44% based mostly on the reported price foundation.

On Sept. 12, 2025, Smarter Web reported holding 2,470 BTC and described itself as the UK’s largest company Bitcoin holder on the time.

The corporate additionally signaled curiosity in buying rivals to develop its treasury and mentioned it aspired to hitch the FTSE 100 index. 

The most recent tracker information suggests the corporate continued accumulating since then.

Smarter Web’s new facility would permit it to borrow in opposition to current Bitcoin holdings to maneuver extra shortly following fairness raises, then repay as soon as fundraising proceeds settle.

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

Diverging company Bitcoin methods

Smarter Web’s transfer comes as public firms take assorted approaches to managing Bitcoin publicity.

On Monday, Technique added 592 BTC to its stability sheet, bringing its total holdings to 717,722 BTC and marking its a hundredth BTC buy since 2020.

Against this, Bitdeer introduced on Saturday that it had liquidated its entire Bitcoin treasury, decreasing company holdings to zero whereas elevating capital via a convertible debt providing.