Belgravia Hartford Capital Inc. has fully repaid its $1.5 million credit line provided to Round13 Digital Asset Fund, specifically by returning 14.21448 bitcoins held under the agreement between both parties. CEO Mehdi Azodi stated that this move strengthens the company's balance sheet and is part of its Bitcoin asset management strategy. After repayment, Belgravia currently holds 68.72854407 bitcoins, of which 26.350911 bitcoins are fully owned by the company and unencumbered. The company also confirmed that another $5 million convertible bond used to purchase Bitcoin remains valid.
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Belgravia Hartford Capital Inc. has fully repaid its $1.5 million credit line provided to Round13 Digital Asset Fund, specifically by returning 14.21448 bitcoins held under the agreement between both parties. CEO Mehdi Azodi stated that this move strengthens the company's balance sheet and is part of its Bitcoin asset management strategy. After repayment, Belgravia currently holds 68.72854407 bitcoins, of which 26.350911 bitcoins are fully owned by the company and unencumbered. The company also confirmed that another $5 million convertible bond used to purchase Bitcoin remains valid.