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BREAKING: Belgravia Hartford Dives Into Bitcoin! First Purchase SHOCKS the Market! 🚨💰
MILLIONS at Stake as Belgravia Makes a BOLD Move! 💥
Hold onto your wallets, folks! Belgravia Hartford Capital Inc. (CSE:BLGV) has just pulled the trigger on its very FIRST Bitcoin acquisition, sending shockwaves through the investment world! This daring step is part of a massive Bitcoin treasury strategy that’s about to change the game!
$500,000 on 4.86 BTC! What Does This Mean?! 😲
In a jaw-dropping announcement, Belgravia confirmed it purchased 4.86 BTC for a whopping USD $500,000—averaging a staggering $102,848 per BTC! This is just the beginning, as they also snagged a $5 million credit facility from Round13 Digital Asset Fund L.P. Are they gearing up for something HUGE? The hype is real!
CEO Mehdi Azodi couldn’t hold back his excitement: “We are very pleased to have entered the market at this time!" With summer heating up, all eyes are on Belgravia, cryptocurrencies, and of course, Bitcoin dominance!
CAD $44.1 MILLION Tax Loss: A Double-Edged Sword! ⚔️📉
But wait, there’s more! The company is also reeling from a CAD $44.1 million non-capital tax loss after filing its 2023 return. This monster loss can be carried forward for TWO DECADES! Belgravia is now hustling with advisors to turn this tax setback into a cash cow for its Bitcoin strategy.
Azodi revealed, “Our accounting, legal and business advisors are exploring options to monetize this CAD $44 million Non-Capital Loss. We’re committed to benefiting our shareholders!”
BITCOIN TREASURY STRATEGIES TAKE OVER! 🌍🔥
Bitcoin as a treasury asset is the name of the game, with 226 companies now in on the action! Last week, Know Labs, Inc. (NYSE American: KNW) jumped on the bandwagon too, announcing a strategy involving a mind-blowing 1,000 Bitcoin! That’s about 82% of their $128 million market cap, and they’re not backing down!
Greg Kidd, the CEO of Know Labs, exclaimed: “I’m thrilled to deploy a Bitcoin treasury strategy! Market and regulatory conditions are in our favor!” This is calculated chaos, folks!
THE FUTURE IS CRYPTO! Grab Your Popcorn, This Story Is Just Beginning! 🍿🚀
Stay tuned as the cryptocurrency drama unfolds and see if Belgravia can ride this Bitcoin wave all the way to the bank! Will they emerge as champions of crypto? Only time will tell!
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