Belgravia Hartford Announces Additional Bitcoin Purchases and Growing Bitcoin Treasury
TORONTO--(BUSINESS WIRE)--BELGRAVIA HARTFORD CAPITAL INC. (CSE:BLGV)(OTC:BLGVF)(FRA:ECA) (' Company ' or ' Belgravia ') is pleased to announce it has completed two further Bitcoin (' BTC ') purchases enhancing the value and credibility of Belgravia's Bitcoin treasury strategy.
Belgravia increases Bitcoin treasury position.
Belgravia Treasury Bitcoin Purchase
Belgravia today announces that it has used cash-on-hand, derived from the exercise of previously issued convertible securities by shareholders to purchase an additional 1.5316351 BTC for a total purchase price of USD $160,842.59 at an average price of USD $105,013.65 per BTC inclusive of all costs and fees.
This results in Belgravia's total BTC treasury now totaling 6.39316479 BTC at an average cost of USD $103,367.05 per BTC.
The purchases were again made via Coinsquare's regulated OTC trading desk with Company funds and not funded through the previously announced USD $5 million credit facility (the Facility) provided by Round13 Digital Asset Fund L.P. (Round13 DAF) for the Belgravia BTC treasury acquisitions as previously announced on May 28, 2025. The Company intends to continue using the Facility when determined in the best interests of the Company and its shareholders.
Mehdi Azodi, CEO of Belgravia stated: 'We remain fully engaged with Round 13 DAF our strategic advisors, we will collaborate closely to determine the best times to drawdown on the Facility as well as when to use Belgravia's own capital – including future financing options and opportunities as we pursue our 100% BTC treasury strategy.' Mr. Azodi continued, 'As a micro-cap, we have determined regularly adding BTC to the balance sheet is our best use and store of funds, and that such activity is currently imperative for accretive growth in shareholder value. We will continue to drawdown on the Facility where needed, but these recent purchases were with Company funds. We intend to continue using Company funds for BTC purchases by way of ongoing cash injections from the exercise of existing and already issued convertible securities.'
Bitcoin Advisory Team
Belgravia is also pleased to announce the appointment of Mr. Joey Cacciatore as Director of Bitcoin Strategy. Mr. Cacciatore brings deep conviction and a long-term vision to Belgravia's Bitcoin treasury mandate, further strengthening the leadership in digital asset strategy. Mr. Cacciatore's family owns and operates Lakeside Bank, a respected financial institution based in Chicago, bringing additional financial insight and credibility to Belgravia and the Bitcoin-focused capital strategy.
Mehdi Azodi further commented: 'Mr. Cacciatore's credibility and extensive network across the financial and media sectors represent a valuable asset to Belgravia, I am delighted to welcome Mr. Cacciatore to Belgravia's Bitcoin advisory team.'
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