Latest news with #Coinsquare
Associated Press
11-07-2025
- Business
- Associated Press
Digital Commodities Deploys $1.01 Million to Acquire 6.29 Bitcoin to Advance Non-Fiat Capital Strategy
Vancouver, British Columbia--(Newsfile Corp. - July 11, 2025) - Digital Commodities Capital Corp. (CSE: DIGI) (OTCQB: DGCMF) (FSE: W040) ('Digital Commodities' or the 'Company') is pleased to announce that it has acquired an additional 6.2938 Bitcoin (BTC) using cash on hand, for a total purchase price of C$1,014,786, representing an average purchase price of C$161,234 per BTC, inclusive of all costs and fees. The transaction was executed through Coinsquare's regulated OTC trading desk and aligns with Digital Commodities' strategic initiative to hold non-fiat, hard and digital assets as a functional alternative to traditional currency for future capital deployment opportunities. Following this acquisition, Digital Commodities' total Bitcoin holdings now stand at 8.69 BTC, at an average cost base of C$160,590 per BTC. Brayden Sutton, Founder and CEO of Digital Commodities, commented: 'This latest acquisition reinforces our conviction in the evolving role of Bitcoin as a dependable and resilient form of value. We view Bitcoin as a powerful alternative to fiat currency. It enhances our ability to pursue new opportunities with agility and independence. The digital economy is changing, and we're proud to be among the public companies actively embracing that shift . ' About Digital Commodities Capital Corp. Digital Commodities is a public investment issuer building a differentiated capital platform, focused on acquiring and utilizing Bitcoin and gold as functional stores of value. The Company's mission is to establish and actively manage a hard, non-fiat asset base with transparency and discipline. All capital allocation decisions are guided by a sound money philosophy and long-term value creation. On behalf of the Board of Directors Brayden Sutton Chief Executive Officer and Director Investor Relations Phone: (778) 656-0377 Email: [email protected] Web: Disclaimer Forward-Looking Statements This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as 'intends' or 'anticipates', or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'should', 'would' or 'occur'. This information and these statements, referred to herein as 'forward‐looking statements', are not historical facts, are made as of the date of this news release and include without limitation, statements that Bitcoin is a dependable and resilient form of value transfer and that it will enhance the Company's ability to pursue new opportunities with agility and independence. In making the forward-looking statements in this news release, the Company has applied certain material assumptions, including without limitation, that the price of Bitcoin will continue to increase or be maintained, that there will not be adverse regulatory or other changes impacting the utility of Bitcoin, that Bitcoin will be dependable and resilient form of value transfer and that it will enhance the Company's ability to pursue new opportunities with agility and independence. These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things that Bitcoin will fail to be dependable and resilient form of value transfer and that it will fail to enhance the Company's ability to pursue new opportunities with agility and independence; adverse changes to the cryptocurrency industry; adverse changes to cryptocurrency regulations; general economic, market or business conditions; uninsured risks; other regulatory changes; and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit
Globe and Mail
02-07-2025
- Business
- Globe and Mail
Belgravia Hartford Increases Bitcoin (BTC) Treasury Holdings with USD $1 Million Strategic Purchase
Toronto, Ontario--(Newsfile Corp. - July 2, 2025) - Belgravia Hartford Capital Inc. (CSE: BLGV) (OTC Pink: BLGVF) (FSE: ECA) ("Belgravia" or the "Company") is pleased to announce the successful completion of its fourth Bitcoin (BTC) acquisition as part of its long-term Bitcoin Treasury Reserve strategy. This latest purchase further strengthens Belgravia's position as a forward-thinking public company leveraging Bitcoin as a strategic treasury asset. New Bitcoin Acquisition Belgravia Hartford acquired 9.35295508 BTC for a total consideration of USD $1,000,000, executed at an average price of $106,918.08 per Bitcoin (inclusive of all costs and fees). This purchase increases the Company's cumulative Bitcoin holdings to: All figures in USD. The purchase was facilitated through Coinsquare's regulated OTC desk and funded by the previously announced USD $5 million credit facility provided by Round13 Digital Asset Fund L.P.; a premier institutional partner focused on digital asset strategies. Commitment to Transparency and Governance Belgravia Hartford remains committed to full transparency in its treasury operations and will continue to provide timely updates on all material developments. Insiders of the Company currently hold approximately 36% of the outstanding shares, underscoring strong internal alignment with shareholders. Up-to-date insider disclosures are available at ******************************* For legal disclaimers and further corporate information, please visit:
National Post
02-07-2025
- Business
- National Post
Belgravia Hartford Increases Bitcoin (BTC) Treasury Holdings with USD $1 Million Strategic Purchase
Article content TORONTO — Belgravia Hartford Capital Inc. (CSE: BLGV) (OTC: BLGVF) (FRA: ECA) ('Belgravia' or the 'Company') is pleased to announce the successful completion of its fourth Bitcoin (BTC) acquisition as part of its long-term Bitcoin Treasury Reserve strategy. Article content This latest purchase further strengthens Belgravia's position as a forward-thinking public company leveraging Bitcoin as a strategic treasury asset. Article content New Bitcoin Acquisition Article content Belgravia Hartford acquired 9.35295508 BTC for a total consideration of USD $1,000,000, executed at an average price of $106,918.08 per Bitcoin (inclusive of all costs and fees). This purchase increases the Company's cumulative Bitcoin holdings to: Article content Description | BTC Amount | USD Value | Average Cost (USD) Article content Previous Holdings | 6.39316479 BTC | $660,094.35 | $103,367.05 per BTC New Purchase | 9.35295508 BTC | $1,000,000.00 | $106,918.08 per BTC Total Holdings | 15.74611987 BTC | $1,660,094.35 | $105,449.46 per BTC Article content All figures in USD. Article content The purchase was facilitated through Coinsquare's regulated OTC desk and funded by the previously announced USD $5 million credit facility provided by Round13 Digital Asset Fund L.P.; a premier institutional partner focused on digital asset strategies. Article content Belgravia Hartford remains committed to full transparency in its treasury operations and will continue to provide timely updates on all material developments. Insiders of the Company currently hold approximately 36% of the outstanding shares, underscoring strong internal alignment with shareholders. Up-to-date insider disclosures are available at Article content Article content Article content Article content Contacts Article content Investor & Media Contact: Article content
National Post
02-07-2025
- Business
- National Post
Mogo Announces $50 Million Bitcoin Treasury Authorization and Strategic Alignment with Bitcoin Across the Organization
Article content Article content VANCOUVER, British Columbia — Mogo Inc. ('Mogo' or the 'Company') (NASDAQ: MOGO; TSX: MOGO), a leading Canadian digital wealth and lending platform, today announced that its Board of Directors has authorized the allocation of up to $50 million to Bitcoin as part of the Company's long-term capital preservation and product innovation strategy. The move marks a significant step in Mogo's strategic alignment with Bitcoin, integrating it across treasury policy and its core operating platform. Article content Mogo has been at the forefront of digital asset innovation for nearly a decade. In 2018, it launched Canada's first Bitcoin account, and in 2020, it became the third US-listed company to add Bitcoin to its balance sheet, following MicroStrategy and Block, and ahead of Tesla. Mogo also played a key role in the formation of Canada's largest independent crypto platform through the 2023 merger of Coinsquare and WonderFi, which recently announced it has entered into an agreement to be acquired by Robinhood. Article content 'Building on our history and experience in crypto, we're making a long-term strategic commitment to Bitcoin, backed by deep conviction and the flexibility to build a meaningful Bitcoin reserve that aligns with our capital priorities and market outlook,' said Greg Feller, President & Co-Founder of Mogo. 'This allocation gives us the flexibility to build a meaningful position over time as part of a disciplined, multi-year strategy.' Article content Board-Approved $50 Million Bitcoin Treasury Authorization Article content Following the anticipated close of the WonderFi–Robinhood transaction in the second half of 2025, Mogo expects to hold approximately $50 million in cash and investments. The Company's Board has approved a Bitcoin allocation of up to $50 million, to be funded by excess cash on the balance sheet and, over time, through additional monetizations from its investment portfolio, including investments in US-based crypto exchange, Gemini, and Canadian technology company, Hootsuite. Article content The Company has an initial goal to scale to a $50 million investment in Bitcoin based on staged investments over time, while keeping adequate working capital for the operating business. Article content Bitcoin as a Hurdle Rate for Capital Allocation Article content In a move that signals deep integration of Bitcoin into its corporate framework, Mogo will now assess all capital deployment decisions against a Bitcoin hurdle rate. Whether considering M&A, internal investments, or share repurchases, the Company will only allocate capital to opportunities that are expected to outperform the long-term return profile of holding Bitcoin. Article content 'This sets a new bar for capital discipline,' said Greg Feller. 'If we don't believe an initiative can deliver better long-term value than Bitcoin, we won't pursue it. It's that simple.' Article content This approach reinforces Bitcoin's role not just as a treasury asset, but as a strategic benchmark for evaluating value creation across the organization. Article content A Dual-Compounding Strategy: Bitcoin Reserve + Operating Scale Article content Mogo's approach is fundamentally different from most Bitcoin treasury companies. While many lack operating scale or growth potential, Mogo is building a capital-efficient, scalable platform across three core pillars; Wealth, Lending, and Payments, with Bitcoin serving as a complementary strategic reserve asset that can compound alongside its core business. Article content 'We're not just holding Bitcoin, we're building a business we believe can scale to over a billion dollars in enterprise value,' said Greg Feller. 'Our goal is to grow a similarly scaled Bitcoin reserve alongside it. That dual-compounding model, operating growth plus a high-conviction Bitcoin reserve, is something few companies are positioned to achieve.' Article content Strategic Integration Across the Platform Article content Bitcoin will be integrated across Mogo's core businesses to deliver value to both shareholders and the Company's nearly 2 million Canadian members: Article content Wealth Management: Mogo's $400M+ AUM platform will launch a flagship Bitcoin Portfolio based on a 60/40 equity/Bitcoin model designed for long-term investors who understand Bitcoin's role as a disruptive store of value. Lending: Mogo is developing Bitcoin-related loan products that will allow all members to gain access to this asset class, while also potentially lowering their borrowing rates. Payments: With over $12 billion in annual international payments volume, Mogo is exploring stablecoin infrastructure to enable faster, lower-cost cross-border transactions. Article content Buffett Mode Meets Bitcoin: A Behavioral Framework Article content Mogo's approach is grounded in its Buffett-mode philosophy, a behavioral-first investment framework focused on long-term outcomes, mental clarity, and disciplined decision-making. Article content 'Whether you're investing in equities or Bitcoin, the edge is mental,' said David Feller, Founder & CEO of Mogo. 'We're not here to speculate, we're here to help Canadians build real wealth. That means evaluating every decision with clarity and conviction, and giving our members access to tools that align with where the world is going, not where it's been.' Article content Mogo offers educational content, product-level optionality, and behavioral guidance, not hype. Bitcoin is not promoted as a default solution but offered as a strategic asset for informed, intentional investors. Article content Democratizing Access to Bitcoin for 2 Million Canadians Article content Mogo is uniquely positioned to expand responsible access to Bitcoin through trusted, compliant, and intelligent financial products. The Company's platform reflects a long-term belief in digital assets as a tool for wealth preservation, not short-term speculation. Article content 'This is about building financial independence for our members, not chasing returns,' added Greg Feller. 'We believe Bitcoin will play a growing role in how capital is stored, allocated, and judged, and we're building Mogo to lead in that future.' Article content About Mogo Article content Mogo Inc. Article content (NASDAQ:MOGO; TSX:MOGO) is a financial technology company with three distinct business lines: wealth, lending, and payments. Our mission is to provide consumers with innovative financial solutions that drive long-term financial health and success. We operate with a differentiated approach in each business, leveraging technology, behavioral science, and financial tools to create unique value propositions in our respective markets. Our wealth and lending businesses are focused on the Canadian market, where we are the only subprime consumer lender that also offers a holistic wealth and investing solution. This unique integration is designed to help consumers transition from borrowing and debt to long-term wealth building. Separately, our payments business is operated through Carta Worldwide, a wholly owned subsidiary that provides modern card issuing and processing solutions, primarily in Europe. Article content Forward-Looking Statements Article content This news release may contain 'forward-looking statements' within the meaning of applicable securities legislation, including statements regarding the expected closing of the WonderFi-Robinhood transaction, Mogo's Bitcoin treasury strategy, Mogo's capital allocation strategy, Mogo's strategic initiatives in respect of its wealth management, lending and payment products and the integration of cryptocurrency in respect thereof. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at the time of preparation, are inherently subject to significant business, economic and competitive uncertainties and contingencies, and may prove to be incorrect. Forward-looking statements are typically identified by words such as 'may', 'will', 'could', 'would', 'anticipate', 'believe', 'expect', 'intend', 'potential', 'estimate', 'budget', 'scheduled', 'plans', 'planned', 'forecasts', 'goals' and similar expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual financial results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. Mogo's growth, its ability to expand into new products and markets and its expectations for its future financial performance are subject to a number of conditions, including receipt of applicable regulatory approvals in respect of its products, many of which are outside of Mogo's control. For a description of the risks associated with Mogo's business please refer to the 'Risk Factors' section of Mogo's current annual information form, which is available at and Except as required by law, Mogo disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise. Article content Article content Article content Article content Contacts Article content Investor Relations investors@ Article content Article content Article content
Globe and Mail
20-06-2025
- Business
- Globe and Mail
Belgravia Hartford Announces Additional Bitcoin Purchases and Growing Bitcoin Treasury
BELGRAVIA HARTFORD CAPITAL INC. (CSE:BLGV)(OTC:BLGVF)(FRA:ECA) (' Company ' or ' Belgravia ') is pleased to announce it has completed two further Bitcoin (' BTC ') purchases enhancing the value and credibility of Belgravia's Bitcoin treasury strategy. Belgravia Treasury Bitcoin Purchase Belgravia today announces that it has used cash-on-hand, derived from the exercise of previously issued convertible securities by shareholders to purchase an additional 1.5316351 BTC for a total purchase price of USD $160,842.59 at an average price of USD $105,013.65 per BTC inclusive of all costs and fees. This results in Belgravia's total BTC treasury now totaling 6.39316479 BTC at an average cost of USD $103,367.05 per BTC. The purchases were again made via Coinsquare's regulated OTC trading desk with Company funds and not funded through the previously announced USD $5 million credit facility ( the Facility) provided by Round13 Digital Asset Fund L.P. ( Round13 DAF) for the Belgravia BTC treasury acquisitions as previously announced on May 28, 2025. The Company intends to continue using the Facility when determined in the best interests of the Company and its shareholders. Mehdi Azodi, CEO of Belgravia stated: 'We remain fully engaged with Round 13 DAF our strategic advisors, we will collaborate closely to determine the best times to drawdown on the Facility as well as when to use Belgravia's own capital – including future financing options and opportunities as we pursue our 100% BTC treasury strategy.' Mr. Azodi continued, 'As a micro-cap, we have determined regularly adding BTC to the balance sheet is our best use and store of funds, and that such activity is currently imperative for accretive growth in shareholder value. We will continue to drawdown on the Facility where needed, but these recent purchases were with Company funds. We intend to continue using Company funds for BTC purchases by way of ongoing cash injections from the exercise of existing and already issued convertible securities.' Bitcoin Advisory Team Belgravia is also pleased to announce the appointment of Mr. Joey Cacciatore as Director of Bitcoin Strategy. Mr. Cacciatore brings deep conviction and a long-term vision to Belgravia's Bitcoin treasury mandate, further strengthening the leadership in digital asset strategy. Mr. Cacciatore's family owns and operates Lakeside Bank, a respected financial institution based in Chicago, bringing additional financial insight and credibility to Belgravia and the Bitcoin-focused capital strategy. Mehdi Azodi further commented: 'Mr. Cacciatore's credibility and extensive network across the financial and media sectors represent a valuable asset to Belgravia, I am delighted to welcome Mr. Cacciatore to Belgravia's Bitcoin advisory team.'
