A 2,712 BTC treasury company just lost its Bitcoin strategy chief with no successor named

The Smarter Web Company, which reported holding 2,712 BTC earlier this month, said Jesse Myers, Head of Bitcoin Strategy, will leave on Sept. 1 while its Bitcoin Treasury Policy remains unchanged under board oversight.

The Aug. 25 notice did not give a reason for Myers’ departure, name a successor or say how his responsibilities would be reassigned. Those unanswered questions matter because Myers held a documented operational role in the company’s Bitcoin strategy.

In January, Smarter Web identified Myers as part of the senior executive team responsible for day-to-day management of the group. His remit included implementing the treasury strategy, improving Bitcoin per share, managing its data and analytics repository, and producing investor materials and relations work.

The board, however, retains overall authority for management, strategy and risk. Smarter Web said directors regularly review the Bitcoin Treasury Policy and monitor the company’s market value relative to its Bitcoin holdings when considering capital deployment.

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