Latest news with #Round13DAF
Globe and Mail
6 hours ago
- Business
- Globe and Mail
Belgravia Hartford Announces Additional Bitcoin Purchases and Growing Bitcoin Treasury
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 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.'
National Post
7 hours ago
- Business
- National Post
Belgravia Hartford Announces Additional Bitcoin Purchases and Growing Bitcoin Treasury
Article content TORONTO — 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. Article content Belgravia Treasury Bitcoin Purchase Article content Article content 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. Article content This results in Belgravia's total BTC treasury now totaling 6.39316479 BTC at an average cost of USD $103,367.05 per BTC. Article content 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. Article content 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.' Article content Bitcoin Advisory Team Article content 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. Article content 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.' Article content Article content Contacts
National Post
09-06-2025
- Business
- National Post
Belgravia Hartford Announces Update on Bitcoin Purchases and Tax Loss Credits
Article content TORONTO — BELGRAVIA HARTFORD CAPITAL INC. (CSE:BLGV)(OTC:BLGVF)(FRA:ECA) (' Company ' or ' Belgravia ') is pleased to announce it has completed the first purchase transaction of the Company's Bitcoin (' BTC ') treasury strategy as well as other corporate developments. Article content Bitcoin Purchase Article content Article content As previously announced on May 28 and June 4, 2025, Belgravia has agreed to a credit facility (' Facility ') of up to USD $5,000,000 from Round13 Digital Asset Fund L.P. (' Round 13 DAF ') and has accepted the first tranche drawdown of USD $5,000,000. Today the Company announces the acquisition of 4.86152969 BTC for USD $500,000 at an average price of USD $102,848.28683212 per BTC, inclusive of all fees and expenses. Article content Mehdi Azodi, CEO of Belgravia stated: 'We are very pleased to have entered the market at this time. Belgravia and Round 13 DAF will continue to monitor the Facility and our holdings of BTC as we move into the anticipated active Summer for Belgravia, cryptocurrencies and BTC in particular.' Article content Turning Tax Losses into Tax Advantages Article content The Company further announces that, after filing its 2023 tax return, Belgravia does now hold a CAD $44,133,563 non-capital loss (' Non-Capital Loss ') to be carried forward for future tax years. The Non-Capital Loss is set to expire after 20 tax-years – in addition, our allowable business investment loss will become a net capital loss after 10 tax-years. Article content Mehdi Azodi again stated: 'Belgravia's accounting, legal and business advisors are exploring a number of options and opportunities in order to monetize this CAD $44 million Non-Capital Loss for the benefit of shareholders and further strengthen our balance sheet to match our stated BTC treasury strategy.' Article content This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ' 1933 Act '), or any state securities laws and may not be offered or sold in the 'United States' or to 'U.S. persons' (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available. Article content About Belgravia Hartford Article content Belgravia Hartford Capital Inc. is an investment issuer, listed for trading on the Canadian Securities Exchange, focused on the tech and finance sectors of the worldwide economy. The Company's focus, as set out in its 2018 Investment Policy, specifies cryptocurrencies, artificial intelligence, media and digital streaming opportunities. Belgravia invests in a portfolio of private and public companies located in jurisdictions governed by the rule of law. It takes a multi-sector investment approach with emphasis in the resources and commodities sector. Belgravia and its investments are considered high risk holdings and it may expose shareholders to significant volatility and losses. Article content For more information, please visit and Neither CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release. Article content Forward-Looking Statements Article content Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements include statements that use forward-looking terminology such as 'may', 'will', 'expect', 'anticipate', 'believe', 'continue', 'potential' or the negative thereof or other variations thereof or comparable terminology. Such forward-looking statements include, without limitation, statements regarding the structure of the Investment, anticipated risk mitigation strategies, Dr. Cook's planned appearance on TraderTV, and other statements that are not historical facts. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, changes in market trends, the completion, results and timing of research undertaken by the Company, risks associated with resource assets, the impact of general economic conditions, commodity prices, industry conditions, dependence upon regulatory, environmental, and governmental approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Article content Article content Article content Article content Contacts
Business Wire
09-06-2025
- Business
- Business Wire
Belgravia Hartford Announces Update on Bitcoin Purchases and Tax Loss Credits
TORONTO--(BUSINESS WIRE)--BELGRAVIA HARTFORD CAPITAL INC. (CSE:BLGV)(OTC:BLGVF)(FRA:ECA) (" Company" or ' Belgravia ') is pleased to announce it has completed the first purchase transaction of the Company's Bitcoin (' BTC ') treasury strategy as well as other corporate developments. Bitcoin Purchase As previously announced on May 28 and June 4, 2025, Belgravia has agreed to a credit facility (' Facility ') of up to USD $5,000,000 from Round13 Digital Asset Fund L.P. (' Round 13 DAF ') and has accepted the first tranche drawdown of USD $5,000,000. Today the Company announces the acquisition of 4.86152969 BTC for USD $500,000 at an average price of USD $102,848.28683212 per BTC, inclusive of all fees and expenses. Mehdi Azodi, CEO of Belgravia stated: 'We are very pleased to have entered the market at this time. Belgravia and Round 13 DAF will continue to monitor the Facility and our holdings of BTC as we move into the anticipated active Summer for Belgravia, cryptocurrencies and BTC in particular.' Turning Tax Losses into Tax Advantages The Company further announces that, after filing its 2023 tax return, Belgravia does now hold a CAD $44,133,563 non-capital loss (' Non-Capital Loss ') to be carried forward for future tax years. The Non-Capital Loss is set to expire after 20 tax-years – in addition, our allowable business investment loss will become a net capital loss after 10 tax-years. Mehdi Azodi again stated: 'Belgravia's accounting, legal and business advisors are exploring a number of options and opportunities in order to monetize this CAD $44 million Non-Capital Loss for the benefit of shareholders and further strengthen our balance sheet to match our stated BTC treasury strategy.' ******************************* This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ' 1933 Act '), or any state securities laws and may not be offered or sold in the 'United States' or to 'U.S. persons' (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available. About Belgravia Hartford Belgravia Hartford Capital Inc. is an investment issuer, listed for trading on the Canadian Securities Exchange, focused on the tech and finance sectors of the worldwide economy. The Company's focus, as set out in its 2018 Investment Policy, specifies cryptocurrencies, artificial intelligence, media and digital streaming opportunities. Belgravia invests in a portfolio of private and public companies located in jurisdictions governed by the rule of law. It takes a multi-sector investment approach with emphasis in the resources and commodities sector. Belgravia and its investments are considered high risk holdings and it may expose shareholders to significant volatility and losses. For more information, please visit and Neither CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements include statements that use forward-looking terminology such as "may", "will", "expect", "anticipate", "believe", "continue", "potential" or the negative thereof or other variations thereof or comparable terminology. Such forward-looking statements include, without limitation, statements regarding the structure of the Investment, anticipated risk mitigation strategies, Dr. Cook's planned appearance on TraderTV, and other statements that are not historical facts. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, changes in market trends, the completion, results and timing of research undertaken by the Company, risks associated with resource assets, the impact of general economic conditions, commodity prices, industry conditions, dependence upon regulatory, environmental, and governmental approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
National Post
28-05-2025
- Business
- National Post
Belgravia Hartford Secures USD $5 Million Credit Facility from Round13 Digital Asset Fund LP to Expand BTC Holdings (₿)
Article content TORONTO — BELGRAVIA HARTFORD CAPITAL INC. (CSE:BLGV)(OTC:BLGVF)(FRA:ECA) (' Company ' or ' Belgravia ') is pleased to announce it has entered into an arm's length credit facility effective May 28, 2025 (the ' Facility ') with Round13 Digital Asset Fund L.P. (' Round 13 DAF '), pursuant to which Round 13 DAF has agreed to advance up to USD$5 Million to the Company in one or more tranches with a variable interest calculated at the Bank of Canada prime rate upon each closing. This Facility establishes a strategic partnership between Belgravia and Round 13 DAF, being one of Canada's largest digital asset funds. The capital from the Facility will be used exclusively to purchase Bitcoin (BTC), managed by Belgravia with the consultation of Round 13 DAF. Article content Article content A first tranche advance of the Facility, equal to USD$500,000, is scheduled to be advanced June 2, 2025 with funds deployed by the Company, in consultation with Round 13 DAF, pursuant to the use of proceeds noted above and as agreed to in the Facility. 'We are pleased to support Belgravia through this flexible, tranche-based facility,' said Khaled Verjee, Managing Partner of Round13 DAF. 'Our team sees strong potential in Belgravia's strategic direction and assets, and we look forward to seeing management execute on their growth plans with the support of this capital.' Article content Mehdi Azodi, CEO of Belgravia, also added: 'This financing enables Belgravia immediate and direct access to capital in order to execute our long term Bitcoin acquisition mandate. After months of due diligence in the crypto sector we believe Bitcoin offers a compelling opportunity to strengthen our balance sheet and support our long-term store-of-value strategy.' Article content In connection with the Facility, and as consideration for facilitating the financing, the Company has agreed to pay qualified placement agents arm's length to the Company a finder's fee equal to six percent (6%) of the principal amount of each tranche advanced under the Facility (the ' Finder's Fee '). The Finder's Fee will be settled through the issuance of common shares of the Company (the ' Finder's Shares ') at C$0.06 a common share, being 500,000 common shares, for the first tranche with every subsequent tranche resulting in Finder's Shares issued at a price calculated on the volume-weighted average trading price of the Company's common shares on the Canadian Securities Exchange (the ' CSE ') for the five (5) trading days immediately prior to the applicable tranche advance. Article content The issuance of the Finder's Shares is subject to acceptance by the CSE and compliance with all applicable securities laws, including any required hold periods. Article content This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ' 1933 Act '), or any state securities laws and may not be offered or sold in the 'United States' or to 'U.S. persons' (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available. Article content Neither CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release. Article content About Belgravia Hartford Article content Belgravia Hartford Capital Inc. is an investment issuer, listed for trading on the Canadian Securities Exchange, focused on the tech and finance sectors of the worldwide economy. The Company's focus, as set out in its 2018 Investment Policy, specifies cryptocurrencies, artificial intelligence, media and digital streaming opportunities. Belgravia invests in a portfolio of private and public companies located in jurisdictions governed by the rule of law. It takes a multi-sector investment approach with emphasis in the resources and commodities sector. Belgravia and its investments are considered high risk holdings and it may expose shareholders to significant volatility and losses. Neither CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release. Article content Forward-Looking Statements Article content Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements include statements that use forward-looking terminology such as 'may', 'will', 'expect', 'anticipate', 'believe', 'continue', 'potential' or the negative thereof or other variations thereof or comparable terminology. Such forward-looking statements include, without limitation, statements regarding the structure of the Investment, anticipated risk mitigation strategies, Dr. Cook's planned appearance on TraderTV, and other statements that are not historical facts. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, changes in market trends, the completion, results and timing of research undertaken by the Company, risks associated with resource assets, the impact of general economic conditions, commodity prices, industry conditions, dependence upon regulatory, environmental, and governmental approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Article content Article content Article content Article content Contacts Article content Article content
