Smarter Web Secures $30M BTC Loan from Coinbase

Smarter Web Company BTC Credit Facility

The Smarter Web Company, a Bitcoin treasury company listed on the Main Market of the London Stock Exchange in the United Kingdom, has secured a $30 million Bitcoin-collateralized credit facility from Coinbase Credit. The facility is collateralized against Bitcoins stored on Coinbase and aims to reduce settlement risk in volatile markets by investing in BTC immediately after capital raises. The company stated that it will not use this for long-term debt to purchase BTC.

Digital asset treasury monthly inflow data. Source: DefiLlama

According to BTC treasury amounts BTC detailed analysis data, the company’s 2.689 BTC were acquired at an average cost of $112,865, with a current value of approximately $170 million. Net inflows to Digital Asset Treasuries (DAT) reached 4 billion in December 2025, 3,7 billion dollars in January 2026, and fell to 363 million in February (DefiLlama). Strategy added 592 BTC, bringing its total to 717.722 BTC.

Recent Developments in Corporate BTC Treasuries

Bitdeer reported zero Bitcoin holdings as of February 20 and liquidated its 2,000 BTC from year-end in eight weeks. The Turkish company Net Holding (NTHOL.IS) ranks 74th among the largest corporate holders with 352 BTC. Michael Saylor’s MicroStrategy continues BTC purchases based on common shares while marketing preferred shares. These moves are affecting liquidity in the BTC futures market.

BTC Technical Outlook and Support Levels

BTC price at $63.724 level, down -3.44% in 24h. RSI 29.09 (Oversold), Supertrend Bearish. EMA20: $69.418. Supports: S1 $60.000 (strong, -4.62%), S2 $49.685. Resistances: R1 $64.387 (+2.36%), R2 $78.962. Downtrend continues, but S1 could be tested.