Smarter Web, a United Kingdom-listed company, has secured a $30 million Bitcoin-backed credit facility from Coinbase Credit to expedite Bitcoin purchases following equity raises. The firm aims to reduce settlement delays and timing risks during volatile market conditions, according to its latest announcement.

Accelerating Capital Deployment

The company confirmed it has entered into a $30 million credit agreement with Coinbase Credit, which is secured against Bitcoin held in custody with the exchange. This facility allows Smarter Web to deploy capital into Bitcoin immediately after raising funds, bridging the gap between equity fundraising and settlement.

According to the company, the credit line is not intended to be used as long-term debt. Instead, it serves as a liquidity tool to enable faster investment in Bitcoin, which the firm has described as a central part of its treasury strategy.

Bitcoin Holdings and Valuation

Smarter Web currently holds 2,689 Bitcoin, with an average acquisition cost of $112,865 per Bitcoin, according to BitcoinTreasuries.net. At current prices near $64,000, these holdings are valued at approximately $170 million. However, the company holds an unrealized loss of roughly 44% based on the reported cost basis.

On Sept. 12, 2025, the company reported holding 2,470 Bitcoin, at which time it claimed to be the largest corporate Bitcoin holder in the United Kingdom. Recent data suggests that Smarter Web has continued accumulating Bitcoin in the months since.

Corporate Bitcoin Trends

The move by Smarter Web comes amid a slowdown in corporate Bitcoin treasury inflows in February. Data from DefiLlama indicates that digital asset treasuries recorded $4 billion in inflows in December, followed by $3.7 billion in January. However, by Feb. 24, inflows had totaled about $363 million, which remains positive but below the levels seen in late 2025.

Market activity among corporate Bitcoin holders has shown mixed trends. For example, Strategy added 592 Bitcoin on Monday, bringing its total holdings to 717,722 Bitcoin. This marked its 100th Bitcoin purchase since 2020. In contrast, Bitdeer announced it had liquidated its entire Bitcoin treasury and reduced holdings to zero while raising capital through a convertible debt offering.

The new credit facility allows Smarter Web to borrow against its existing Bitcoin holdings, enabling it to repay the credit line once equity proceeds settle. This structure is designed to provide greater flexibility and reduce exposure to market volatility.

The company’s strategy aligns with broader trends in corporate Bitcoin adoption, where firms are increasingly using Bitcoin as a hedge against inflation and a store of value. However, the current market conditions, with Bitcoin trading at around $64,000, have led to significant unrealized losses for many holders.

Analysts suggest that the use of credit lines by corporate Bitcoin holders is likely to increase as more firms seek to improve their treasury strategies in a highly volatile market. The ability to use existing Bitcoin holdings for immediate capital deployment is becoming a key consideration for companies in the digital asset space.

With Smarter Web’s recent moves, the company is positioning itself to capitalize on market opportunities while managing the risks associated with Bitcoin’s price fluctuations. The firm’s approach could serve as a model for other corporate treasuries looking to handle the challenges of holding digital assets in a rapidly evolving market.