The Smarter Web Company completes a capital reduction of 282 million dollars to advance the issuance of the UK's first bitcoin-backed perpetual preferred shares.
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Odaily reported that Bitcoin Treasuries.NET posted on X platform, stating that The Smarter Web Company has completed a $282 million capital reduction. This is an important step in advancing the issuance of the UK's first Bitcoin-backed perpetual preferred shares. The preferred shares have a maximum dividend payment capacity of $178 million.
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