Andrew Webley, CEO of The Smarter Net Firm, shared an in depth weekly replace outlining two main strategic strikes. In his publish, Webley highlighted the agency’s first acquisition, Squarebird and the launch of a brand new $30 million credit score facility with Coinbase.
This week we had been happy to announce two important developments. I additionally spent a number of days in Las Vegas attending Technique World, the place I had the chance to satisfy a variety of high-quality individuals.
I dedicated firstly of the yr to be selective with journey so… https://t.co/NVND7hKa64
— Andrew Webley (@asjwebley) February 28, 2026
The replace got here after he attended the Technique World occasion in Las Vegas. He described the week as extremely productive and stated the corporate left the convention with a number of concrete follow-ups. Total, the message centered on disciplined development, stronger money circulation and enhancing monetary flexibility.
Squarebird Acquisition Strengthens Money Move
Webley confirmed that the corporate accomplished its acquisition of Squarebird, a worthwhile internet design company. He stated the deal had been in progress for a number of months and matches intently with SWC’s long-term technique. Based on Andrew Webley, Squarebird is cash-generative and delivers sturdy margins. He emphasised that the enterprise affords a three-to-four-year payback profile. Which meets the Smarter Net Firm’s strict acquisition standards. Importantly, the acquisition ought to enhance recurring income and assist assist group overhead throughout market cycles.
The corporate acquired Squarebird at roughly 2.5x EBITDA for the 12 months ending April 2025. On a extra conservative view, Webley stated the a number of is nearer to 3x. He described the transaction as a disciplined use of capital. Notably, the full consideration represented simply over 1% of the corporate’s steadiness sheet. Nonetheless, he expects the deal to materially enhance revenues.
Coinbase Credit score Facility Provides Flexibility
Along with the acquisition, Andrew Webley introduced a brand new $30 million credit score facility with Coinbase. He confused that the ability is designed to enhance each operational and monetary flexibility. Particularly, the credit score line helps scale back the time hole between elevating fairness and deploying capital. The CEO famous this timing benefit is particularly precious in unstable markets. Nonetheless, he clarified that the ability isn’t meant to fund long-term Bitcoin purchases.
Earlier within the week, the corporate additionally reported proceeds from its ATM-style fairness facility. It raised £26,745 earlier than bills at a mean worth of about £0.36 per share. Webley reminded buyers that weekly updates are solely issued when shares are offered, whatever the quantity raised.
Technique World Conferences Form Future Plans
Webley spent a number of days in Las Vegas attending Technique World. He described the occasion as nicely well worth the time funding regardless of his aim to restrict journey this yr. Throughout the convention, he met with a number of business individuals and held a direct dialogue with Michael Saylor. Webley stated the conversations generated precious concepts. Together with enter for the SWC’s upcoming Bitcoin Treasuries Unconference scheduled for Could 29.
He additionally pointed to sturdy themes round digital capital, digital credit score and AI innovation. Regardless of what he known as a difficult backdrop for Bitcoin treasuries. Andrew Webley stated he stays optimistic in regards to the long-term outlook. Wanting forward, the Smarter Net Firm plans a strategic debrief to transform insights from the week into motion. Webley closed his replace on a assured word, saying the agency is stronger than it was firstly of the week. It stays centered on growing long-term Bitcoin per share.
