The Smarter Web Company sold 177.89 BTC to repay 11.69 million dollars owed to TOBAM, retiring a Smarter Convert debt instrument while keeping 2,700 BTC on its balance sheet. The London-listed firm disclosed the transaction on July 23, 2026, describing it as a defined repayment event rather than a broader liquidation of its Bitcoin reserves. The company said the proceeds from the sale were applied directly to settle its obligation to TOBAM, according to the company’s announcement. For related coverage, see Despite Ripple’s (XRP) Payment Expansions, Experts Say GeeFi (GEE) is a Smarter Investment for Life-Changing ROI.