Bitcoin Treasury Giant Holding 2,712 BTC Loses Strategy Chief With No Successor Named

TL;DR:

• Jesse Myers will step down as head of strategy on September 1, according to an official notification from The Smarter Web Company issued on August 25.
• The company reported reserves of 2,712 BTC and an active £18.5 million credit line with Coinbase on its balance sheet as of August 3.
• The board of directors will maintain overall oversight of the treasury policy, but has not named a replacement for operational duties.

Jesse Myers has resigned as head of strategic operations at The Smarter Web Company. Reports indicate that the executive will leave his post effective September 1, keeping its Bitcoin treasury under the direct oversight of the board of directors without naming a successor.

I’m sad to say my time at The Smarter Web Company has come to an end.

I joined SWC because I believed there was an opportunity to help build something genuinely important in the Bitcoin treasury space. I’m proud of the role I played in helping shape the company’s Bitcoin…

- Jesse Myers (@Croesus_BTC) August 25, 2026

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