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Belgravia Capital International Inc ( (TSE:BLGV) ) has provided an update.
Belgravia Hartford Capital Inc. has fully repaid its US$1.5 million line of credit to Round13 Digital Asset Fund by returning 14.21448 Bitcoin held under a Bitcoin Standard loan agreement, a move that removes a debt overhang, reduces loan-related risk and costs, and strengthens its balance sheet while advancing its Bitcoin treasury strategy. Following the repayment, Belgravia holds 68.72854407 Bitcoin, of which 26.350911 are unencumbered, and it confirmed that a separate US$5 million convertible debenture used to purchase 42.3776327 Bitcoin remains in place, with amended terms that could trigger an accelerated conversion to equity if the share price sustains a specified trading level, potentially reshaping its capital structure and deepening its positioning within the Bitcoin-focused investment space.
The most recent analyst rating on (TSE:BLGV) stock is a Hold with a C$0.03 price target. To see the full list of analyst forecasts on Belgravia Capital International Inc stock, see the TSE:BLGV Stock Forecast page.
Spark’s Take on TSE:BLGV Stock
According to Spark, TipRanks’ AI Analyst, TSE:BLGV is a Neutral.
The score is primarily weighed down by weak financial performance (large losses, ongoing cash burn, and elevated leverage/volatility) and bearish technicals (below major moving averages with negative MACD). Positive corporate events provide some support, but they are not yet reflected in proven, sustained profitability or cash generation.
To see Spark’s full report on TSE:BLGV stock, click here.
More about Belgravia Capital International Inc
Belgravia Hartford Capital Inc. is an investment issuer listed on the Canadian Securities Exchange and OTCQB, focusing on the tech and finance sectors of the Bitcoin ecosystem. Guided by a 2018 investment policy, the company targets opportunities in cryptocurrencies, artificial intelligence, media and digital streaming, investing in a portfolio of private and public companies in jurisdictions governed by the rule of law, and characterizes its holdings as high risk with significant potential volatility for shareholders.
Average Trading Volume: 323,074
Technical Sentiment Signal: Sell
Current Market Cap: C$4.82M
For an in-depth examination of BLGV stock, go to TipRanks’ Overview page.