Crypto: Smarter Web Adds $30m Coinbase Credit Line To Speed Bitcoin Buys...

The UK-listed Bitcoin treasury company says the facility will bridge equity settlements, enabling faster Bitcoin purchases during volatile markets.

United Kingdom-listed Bitcoin treasury firm The Smarter Web Company has secured a $30 million Bitcoin-backed credit facility from Coinbase Credit. The facility is secured against Bitcoin held in custody with Coinbase.

The company said Tuesday the facility is designed to help it deploy capital into Bitcoin (BTC) immediately after equity raises, reducing settlement timing risk during volatile markets. Smarter Web said it does not intend to use the facility as long-term debt to finance Bitcoin purchases.

Smarter Web is listed on the London Stock Exchange’s Main Market and also trades on the OTCQB Venture Market in the United States. The company describes Bitcoin as a core component of its treasury strategy and has previously said it aims to expand its digital asset holdings.

The move comes as digital asset treasuries (DATs) recorded billions in net inflows from late 2025 through January 2026 before cooling in February.

Data from DefiLlama shows DAT inflows reached $4 billion in December and $3.7 billion in January, before totalling just $363 million through Feb. 24.

While inflows remain positive in early 2026, February totals are tracking well below late-2025 peaks.

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

At current prices, the company’s holdings are valued at roughly $170 million, reflecting an unrealized loss of about 44% based on the reported cost basis.

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

Source: CoinTelegraph