Canadian Firms Go All-In on Bitcoin: Belgravia Hartford and Bitcoin Treasury Corporation Lead the Charge

Hold onto your hats, crypto fans! Bitcoin treasury strategies are exploding in Canada, and Toronto's own Belgravia Hartford is diving headfirst into the action, beefing up its reserves with some serious cash.

Get this: on June 26, Belgravia Hartford yanked another cool $1 million from its credit line with Round13 Digital Asset Fund, a blockchain investment powerhouse. Talk about making moves!

That's right, they've now pulled a total of $1.5 million, and every single penny is going straight into buying Bitcoin (BTC) as part of their killer treasury strategy. And guess what? They're making these epic purchases through Coinsquare's slick OTC desk.

Belgravia's not messing around. They've been on a Bitcoin buying spree for months, snagging about 1.5 BTC on June 20 for a whopping $161,000. Right now, their treasury's rocking around 6.4 BTC, worth a cool $685,000 at today's prices.

CEO Mehdi Azodi is all in on this BTC-focused reserve, and he's not shy about it.

"Listen up, as a micro-cap, we've crunched the numbers, and piling BTC onto our balance sheet is hands down the best way to use and store our funds. It's a no-brainer for juicing up shareholder value," he declared. "We're not stopping either. We'll keep using company funds for these BTC buys, thanks to some sweet cash injections from our convertible securities."

But wait, there's more! Belgravia just dropped a bombshell: they're launching a fully Bitcoin-focused private placement to supercharge their treasury growth. They're joining a whole crew of Canadian firms who are all about that BTC reserve life.

Canada's Bitcoin Treasury Corporation buys 292 BTC, launches lending

And in a double whammy, Bitcoin Treasury Corporation, Canada's go-to for top-notch Bitcoin services, just dropped a bombshell of their own. They scooped up a massive 292.80 BTC for a jaw-dropping $31.5 million, all funded by a recent $125 million share offering. That's right, they're officially kicking off their accumulation strategy, and they're starting with a bang!

But they're not just hoarding BTC for the long haul. Oh no, they're putting it to work, offering lending services to institutions and keeping the liquidity flowing while managing risk like pros. For them, Bitcoin isn't just a reserve; it's the heart of their business and their revenue machine.

Bitcoin Treasury Corporation is all about that long-term potential, and they're not afraid to go big. They're building shareholder value through smart accumulation and putting that BTC to work. It's a bold move, and they're not looking back!