Belgravia Hartford Capital Launches Bitcoin-Focused Private Placement

According to Foresight News, Canadian publicly traded company Belgravia Hartford Capital has announced a private placement financing of CAD 10 million, fully backed by Bitcoin reserves. The company plans to issue up to 40 million units through a non-brokered private placement, with each unit priced at CAD 0.25, totaling a maximum value of CAD 10 million. Each unit comprises one common share of the company and half of a common share purchase warrant. A full warrant allows the holder to purchase an additional common share at an exercise price of CAD 0.50 per share. The company has stated that all proceeds from this issuance will be exclusively used to acquire Bitcoin.