Smarter Web Company Bitcoin Strategy Chief Jesse Myers to Leave September 1
Bitcoin (BTC)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Smarter Web Company announced Jesse Myers will depart as Head of Bitcoin Strategy on September 1. The company provided no explanation for his exit and did not name a successor or detail how his duties will be redistributed. Myers previously held an operational role responsible for executing the Bitcoin treasury strategy and tracking its performance.
He also managed data analytics, investor relations, and efforts to improve Bitcoin held per share. Smarter Web Company confirmed its Bitcoin Treasury Policy remains unchanged, with the board continuing direct oversight. The company holds 2,712 BTC, having made net purchases totaling £224.8 million at an average price of £82,886 per coin.
It maintains a £18.5 million credit facility from Coinbase, representing 17% leverage against its holdings at a 6% variable interest rate. On July 23, the company sold 177.89 BTC to repay $11.7 million tied to a financing tool called Smarter Convert. Shares fell 5.8% to 33.20 pence on August 25 following the departure notice, though a direct link to Myers’ exit remains unconfirmed. CEO Andrew Webley thanked Myers for his work and stated the company remains focused on its strategy.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 27 August 2026. Not the outlet's figures.
BTC is trading at $79,023.75 with a 1-hour buy ratio of 44.9% and a 4-hour buy ratio of 47.1%, both below the 24-hour average of 49.9%. This indicates that short-term buying pressure is fading relative to the broader daily trend. The 1-hour volume delta is -$4,067,631, while the 4-hour delta is -$19,235,282, showing net selling outpacing buying in the immediate term. The 24-hour volume delta stands at -$903,088, confirming that sellers have dominated the last day. CVD closed at -$70,561,764, reflecting sustained selling pressure over the 24-hour period. Only 9 of the last 24 hours saw net buying, suggesting a lack of consistent demand.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Twenty-four hours later
What BTC did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 51.6%, making today’s 24-hour ratio of 49.9% slightly below the weekly norm by 1.7 points. Volume is trading at 0.54x the weekly average, indicating a notably quiet day for spot activity. Despite lower volume, the coin has gained 14.0% over the past eight days, supported by a total volume delta of +$445,688,281. Net buying occurred on 6 of the past 7 days, showing a generally positive trend prior to this slowdown. This represents an unusual day for volume intensity, as activity is roughly half the weekly average despite the recent price appreciation.