British listed company The Smart Web Company reduced its debt to 178 BTCs

On 23 July, the British listed company The Smart Web Company paid two weeks in advance of the Smarter Convert convertibles, and approximately $11.985 million was paid to the Tobam Group to complete repayments by selling 177.89 bits (average price of $65,762). The company CEO indicated that, while it had recognized the flexibility of the structure, it was not currently considered an appropriate capital solution. After the repayment was completed, the company held 2,700 bitcoin. The relevant potential distribution of shares has been cancelled。