Smarter Web Company draws GBP 18 million under Coinbase credit facility, leverage ratio 12.19%

  • The Smarter Web Company lifted total drawings under its Coinbase Strategic Credit Facility to GBP 18 million following a Bitcoin purchase.
  • The facility implies an approximate leverage ratio of 12.19%.
  • Terms unchanged; loan secured against existing Bitcoin holdings.
  • Variable interest rate of 6.75% to 7.25%; repayable at the company’s discretion without additional charges.


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