Belgravia Hartford Capital Inc. is pleased to announce that it has fully repaid its USD $1,500,000 line of credit owed to Round13 Digital Asset Fund L.P. ("Round13") in accordance with the parties Bitcoin Standard agreement and related loan agreement.

Under the loan agreement, Belgravia held 14.21448 Bitcoin and exercised its repayment option to return the Bitcoin held under the agreement to offset the outstanding loan balance. This debt repayment eliminates an overhang and exposure associated with the line of credit and further strengthens Belgravia's balance sheet. The interest associated will be calculated at the Bank of Canada prime rate as of June 4, 2025 with further updates to be provided on interest payment.

"Retiring the line of credit removes a meaningful overhang and represents another step in executing our Bitcoin treasury strategy," said Mehdi Azodi, CEO of Belgravia. "We believe the amended Debenture structure and any potential future equity and convertible debenture financings are better suited for Belgravia. This enables us the opportunity to fully wholly own the Bitcoin moving forward and eliminate any additional risks with the loan exposure and costs. The debt elimination and the recently announced LOI with DelphX are steps Belgravia is taking to further protect our Bitcoin from potential downside risks and market volatility."