Key Takeaways Smarter Web repaid $11.7M on July 23 after selling 177.89 bitcoin early. Strategy sold 3,620 bitcoin during 2026 as treasury financing conditions tightened. Satsuma approved selling 668 bitcoin, while Smarter Web still holds 2,700 BTC. Early Repayment Funded With Bitcoin Sale The London-listed company disclosed on Thursday that it repaid $11,698,540 owed under its Smarter Convert instrument held by entities related to TOBAM, a structure first announced in August 2025. The repayment was funded by selling 177.8909127 bitcoin at an average price of $65,762 per coin, representing all of the bitcoin originally acquired through the subscription proceeds. The …