Canadian-listed 'Belgravia Hartford Capital' Purchases 4.8 Bitcoin

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Son Min

Summary

  • The Canadian-listed investment company Belgravia Hartford Capital has announced its purchase of Bitcoin.
  • It was reported that approximately 4.8 BTC was acquired using $500,000 out of the recently raised $5 million.
  • The average purchase price per 1 BTC was said to be around $102,848.

The Canadian-listed investment company 'Belgravia Hartford Capital' has announced its purchase of Bitcoin (BTC).

According to Business Wire on the 9th (local time), Belgravia Hartford Capital stated it used $500,000 out of the recently raised $5 million to acquire approximately 4.8 BTC. The average purchase price per BTC amounted to $102,848.

Mehdi Azodi, CEO of Belgravia Hartford Capital, said, "We are very pleased to enter the Bitcoin accumulation market at this time" and added, "We will continue to provide updates on our Bitcoin holdings moving forward."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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