$BTC Stays Flat as UK Firm Launches $21M Bitcoin Bond
Bitcoin price held steady near $114K, but behind the scenes, institutional adoption just leveled up.
UK-based The Smarter Web Company launched a $21M Bitcoin-denominated convertible bond, fully payable in BTC — a first-of-its-kind move in UK markets.
Backed by French asset manager Tobam, this 3-year bond gives investors exposure to both Bitcoin and company equity, using BTC as the unit of account — not fiat.
With over 200 public companies now holding Bitcoin, this bond signals a new phase: companies aren’t just holding BTC — they’re building financial instruments around it.
🔍 A quiet market, but major structural shifts are underway.
📌 Not financial advice.
