PANews reported on June 9 that Belgravia Hartford Capital, an investment issuance company listed on the Canadian Stock Exchange, announced the completion of its first Bitcoin purchase, using US$500,000 to purchase 4.86 BTC, with an average price of approximately US$102,848. The company also disclosed that it holds 44.13 million Canadian dollars in carryforward non-capital losses as of 2023, and will explore its monetization possibilities to support Bitcoin reserve strategies and balance sheet optimization.
As reported last week, Canadian-listed Belgravia Hartford secured $5 million in credit facilities specifically for BTC purchases .
