The Smarter Web Company completes $282 million capital reduction to advance issuance of the UK's first Bitcoin-backed perpetual preferred stock
2026-07-15 15:58
Odaily Planet Daily reports that BitcoinTreasuries.NET posted on X platform, stating that The Smarter Web Company has completed a $282 million capital reduction, which is a significant step in advancing the issuance of the UK's first Bitcoin-backed perpetual preferred stock. This preferred stock has a maximum dividend payment capacity of $178 million.
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