The Bitcoin Credit Stack
rates are percent a year, continuously compounded · figures as of 2026-10-17 · read 2026-10-17 15:39 UTC
Market › Corporate › Member companies › The Smarter Web Company PLC

The Smarter Web Company PLC

A member company of the corporate class, not a venue: none of its securities is registered here as an instrument. Its debt is in the class's figures, read line by line from its balance sheet. Venues and member companies →

Debt attributed to its bitcoin

Bitcoin held2,830 BTC as of 2026-10-15
Total assets, as filed160,814,954 GBP as of 2026-04-30 ($213m)
https://www.smarterwebcompany.co.uk/smarterweb-co-uk/_img/pdf/financial-reports/SWC%20-%20HY26%20Interim%20report.pdf
Bitcoin on the balance sheet$208m, at fair value
Total assets today$235m (filed total assets, less the bitcoin as carried, plus the bitcoin at today's price)
Unencumbered share97.9%
Filed debt, by security
$21.2m secured by pledged bitcoin
Attributed to bitcoin$21.2m
Attributed debt to bitcoin held9.18%
Debt lineSecurityPrincipalAs ofCountedAttributed
Coinbase strategic credit facility (USD 30m facility)
https://www.smarterwebcompany.co.uk/smarterweb-co-uk/_img/pdf/news/2026-10-15-Bitcoin-Purchase.pdf
secured by pledged bitcoin
collateral values not filed: the whole facility counted as bitcoin-secured
16,000,000 GBP
$21.2m
2026-10-15in full$21.2m

In the order the dataset carries them, not ranked. How the class adds them up →

Ask for this by machine

REST
GET https://api.bitcoincreditstack.com/v1/market/issuers/the_smarter_web_company
MCP
get_corporate_instruments()

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