Belgravia Hartford Launches Bitcoin Treasury

[Chawla Solutions]

Publicly traded Belgravia Hartford Capital (CSE: BLGV; OTC: BLGVF) has made its first Bitcoin acquisition, marking a strategic shift to build crypto reserves. The Toronto-based company has secured a US $5 million credit facility from Round13 Digital Asset Fund L.P. and deployed US $500,000 of that toward 4.86152969 BTC at an average price of US $102,848 per coin (all fees included)
CEO Mehdi Azodi emphasized their timing, noting that Belgravia and Round13 will actively monitor the facility and BTC holdings through what he expects to be a lively summer in crypto
Alongside the Bitcoin move, Belgravia disclosed a CAD 44.1 million non-capital tax loss from its 2023 filings—carried forward up to 20 years to offset future taxable income. Advisors are evaluating options to monetize this loss, strengthening the company’s balance sheet and supporting the Bitcoin treasury strategy
This development places Belgravia among a growing list of corporates embracing Bitcoin as a treasury asset. With 226 global companies now holding BTC, it highlights a broader trend toward crypto diversification in asset allocation.
For forum readers, this shows how firms are using credit facilities and tax tools to fund crypto strategies. Retail investors should note this emergence: corporate treasuries are exploring digital asset innovation, not just price speculation.