The Smarter Web Company has obtained a $30 million credit line from Coinbase Credit, secured by its Bitcoin holdings. This strategic facility allows the UK-listed company to accrue interest only on withdrawn amounts, with no fixed maturity date. The credit line is designed to support the company's Bitcoin-centric treasury strategy by enabling immediate fund deployment to Bitcoin following equity financing, thus mitigating settlement risks in volatile markets.
The Smarter Web Company Secures $30M Credit Line from Coinbase
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