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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
UK-based Smarter Web Company sold its holdings of 177.89 BTC at an average price of $65,762 to repay a convertible debt instrument two weeks ahead of its maturity. This early repayment caused the price of Bitcoin to drop by 0.65%, falling below the $65,400 mark. The move was specifically executed to settle the company's Smarter Convert notes prematurely.