Belgravia Hartford Expands Bitcoin Treasury Strategy with $5 Million Convertible Bonds and New Bitcoin Purchase
2025-07-16 12:58:33
Main Idea
Belgravia Hartford, a Canadian firm, expanded its Bitcoin treasury strategy by issuing $5 million in convertible bonds and purchasing 4.8615 bitcoins for $500,000.
Key Points
1. Belgravia Hartford issued $5 million in convertible secured bonds (approximately $2.91 million USD).
2. The company purchased 4.8615 bitcoins for $500,000 at an average price of $102,848.29 per bitcoin.
3. This marks the firm's first Bitcoin reserve acquisition as part of its treasury strategy.
Description
On July 16, Belgravia Hartford, a publicly traded Canadian firm, disclosed the issuance of $5 million in convertible secured bonds alongside a private placement raising nearly 4 million Canadian dollars
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