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Smarter Web Company buys 11.89 BTC, lifting holdings to 2,712 Bitcoin

Smarter Web Company buys 11.89 BTC, lifting holdings to 2,712 Bitcoin

The London-listed company resumed Bitcoin accumulation after repaying its Smarter Convert financing, raising its treasury to 2,712 BTC and moving it to 28th place in BitcoinTreasuries corporate rankings.

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Fact Check
The CryptoBriefing article confirms all headline facts: 11.89 BTC added on Aug 3, 2026, total holdings of 2,712 BTC, and a treasury strategy including leverage (Coinbase credit facility, 17% leverage), share issuance (£1.016M placement), and warrant exercises. Odaily corroborates the 11.89 BTC and 2,712 BTC figures, citing BitcoinTreasuries.NET. Multiple X posts dated Aug 3, 2026 independently repeat the same figures, financing details, and Coinbase facility. The Smarter Web Company PLC is confirmed as a London Stock Exchange-listed entity. All numeric and qualitative elements of the claim are consistently supported across independent sources; no conflicting evidence was found.
Summary

Smarter Web Company has added 11.89 BTC to its treasury, taking total holdings to 2,712 BTC and lifting the London-listed firm to 28th place in BitcoinTreasuries.NET's corporate Bitcoin rankings. The purchase follows the company's July repayment of its $11.7 million Smarter Convert instrument, which was settled nearly two weeks early through the sale of 177.8909127 BTC at an average price of $65,762 per coin, leaving holdings at 2,700 BTC at that time. The company said the convertible structure had been used as an alternative funding source while it built its Bitcoin treasury, but management no longer viewed that financing route as the most suitable option at its current stage. The latest buy indicates the company has resumed accumulation under its long-term 10 Year Plan after retiring the instrument with support from investment manager TOBAM and its affiliated entities. Earlier disclosures said the repayment also removed the potential issuance of 7,718,551 ordinary shares tied to the convertible from fully diluted capital calculations.

Terms & Concepts
  • BTC: Ticker symbol for Bitcoin.
  • corporate Bitcoin rankings: League tables that compare public companies by the size of their Bitcoin holdings.
  • convertible structure: A financing instrument that can be repaid in cash or potentially converted into shares under agreed terms.