Belgravia Hartford Capital Plans $500,000 Private Placement for Digital Assets

Belgravia Hartford Capital Inc. announced plans to raise up to $500,000 (approximately $685,000 CAD) through a non-brokered private placement. The company intends to issue up to 19,230,769 units, with each unit containing one common share and one-half of a common share purchase warrant. Distribution of these securities is restricted in the United States.

Proceeds from the placement are designated for general corporate purposes. This includes investments in Bitcoin, call options on MicroStrategy Inc. (MSTR-Nasdaq), and other treasury investments aligning with the company's policy. Funds will also support technology development and working capital needs. Belgravia may utilize proprietary quantitative research tools from its subsidiary, Gravitio.ai, to aid in evaluating investment opportunities.

In addition to the financing, Belgravia has appointed R. Duncan MacPherson as Chief Financial Officer (CFO), a role he also holds for its subsidiary Gravito.ai. Tanya Anikshteyn has been appointed associate controller. Ande Le will continue to serve as a consultant during the transition.

The company reported approximately $1,000,000 CAD in treasury assets, consisting of Bitcoin, BITX, and DELX shares. Belgravia stated it will provide updates on material treasury developments as appropriate.