SMARTER WEB CO.PLC LS-001

The Smarter Web Company repaid a convertible instrument held by TOBAM about two weeks before maturity for $11,698,540. To finance the repayment, the company sold 177.8909127 Bitcoin at an average price of $65,762, thereby avoiding the potential issuance of 7,718,551 common shares. After the transaction The Smarter Web Company holds 2,700 Bitcoin; CEO Andrew Webley said convertibles are no longer the appropriate capital solution for the company’s evolved capital allocation. » More on de.investing.com

The High Court of Justice in England and Wales has confirmed The Smarter Web Company’s reduction of capital reserves by £210 million; the order has been transmitted to the companies register and will take effect on registration. The company had already announced the measure in early and mid‑June 2026. Head of Capital Markets Jamie Knowles is leaving the company; investor communications will henceforth be handled by the management team together with external advisers. The share is also traded on the OTCQB under TSWCF and in Frankfurt under 3M8. » More on de.investing.com

Smarter Web Company bought 27 Bitcoin at an average price of £56,799 per coin, totaling £1,533,569, increasing its holdings to 2,805 Bitcoin. The average cost basis of all holdings is £81,544 per Bitcoin, with a cumulative investment of £228,732,074; the treasury delivered a return of 13.98% in the current quarter. After the purchase, usage of the Coinbase credit line rose to £15,000,000 (leverage about 10.15%); the loan is secured by Bitcoin and carries a variable interest rate of 6.75–7.25%. The company also placed 310,000 ordinary shares, raising gross proceeds of £117,900; the purchases are part of the ongoing "The 10 Year Plan" treasury strategy. » More on de.investing.com