BELGRAVIA HARTFORD CAPITAL INC. (CSE:BLGV)(OTC:BLGVF)(FRA:ECA), a company focused on a Bitcoin treasury strategy, has announced additional Bitcoin purchases, increasing its total holdings, alongside the appointment of Joey Cacciatore as Director of Bitcoin Strategy.
Belgravia used cash-on-hand, derived from the exercise of previously issued convertible securities by shareholders, to acquire an additional 1.5316351 BTC. The total purchase price for this acquisition was USD $160,842.59, at an average price of USD $105,013.65 per BTC, inclusive of all costs and fees. These transactions bring Belgravia’s total Bitcoin treasury to 6.39316479 BTC, with an average acquisition cost of USD $103,367.05 per BTC. The purchases were executed through Coinsquare’s regulated OTC trading desk.
It was clarified that these recent acquisitions were funded by company cash and not drawn from the previously announced USD $5 million credit facility provided by Round13 Digital Asset Fund L.P. (Round13 DAF) for Bitcoin treasury acquisitions, which was initially announced on May 28, 2025. The company stated its intention to continue utilizing the credit facility when deemed to be in the best interests of the company and its shareholders.
Mehdi Azodi, CEO of Belgravia, commented on the strategy, stating, “We remain fully engaged with Round13 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 added, “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.”
In related news, Belgravia announced the appointment of Mr. Joey Cacciatore as Director of Bitcoin Strategy. Mr. Cacciatore is expected to contribute to Belgravia’s Bitcoin treasury mandate with his long-term vision for digital asset strategy. His family’s ownership and operation of Lakeside Bank, a financial institution based in Chicago, is noted for bringing additional financial insight and credibility to Belgravia’s Bitcoin-focused capital strategy.
Mehdi Azodi further commented on the appointment, stating, “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.”
