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TORONTO - Belgravia Hartford Capital Inc. (CSE:BLGV)(OTC:BLGVF), a micro-cap company with a market capitalization of $5.79 million and currently trading at $0.07 per share, has purchased an additional 1.5316351 bitcoin for $160,842.59, bringing its total bitcoin holdings to approximately 6.39 bitcoin at an average cost of $103,367.05 per bitcoin, according to a company press release. According to InvestingPro analysis, the stock has shown remarkable momentum with a 63.64% return over the past six months.
The latest acquisition was made using cash from shareholder-exercised convertible securities at an average price of $105,013.65 per bitcoin including fees. The company completed the transaction through Coinsquare’s regulated OTC trading desk.
Unlike previous announcements, this purchase did not utilize the $5 million credit facility provided by Round13 Digital Asset Fund L.P. that was established on May 28, 2025. Belgravia indicated it plans to use both the credit facility and company funds for future bitcoin acquisitions.
"As a micro-cap, we have determined regularly adding BTC to the balance sheet is our best use and store of funds," said Mehdi Azodi, CEO of Belgravia Hartford.
The company also announced the appointment of Joey Cacciatore as Director of Bitcoin Strategy. Cacciatore’s family operates Lakeside Bank in Chicago, which the company states brings "additional financial insight" to its bitcoin strategy.
Belgravia Hartford describes itself as pursuing a "100% BTC treasury strategy" as part of its corporate approach. The company trades on the Canadian Securities Exchange under the ticker BLGV.
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