The Smarter Web Company Completes $282 Million Capital Reduction for Bitcoin-Linked Perpetual Preferred Stock
2026-07-15 16:03:45
According to ChainCatcher, Bitcoin Treasuries.NET posted on X that The Smarter Web Company has completed a $282 million capital reduction. This move is a key step toward issuing the first Bitcoin-backed perpetual preferred stock in the UK, which will have a dividend payment capacity of up to $178 million.
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