Belgravia Hartford completes a $1 million credit line withdrawal to expand its Bitcoin reserves

According to newsfilecorp, Canadian listed company Belgravia Hartford Capital Inc. announced that it has completed the withdrawal of the second installment of $1 million in accordance with the agreement reached with Round13 Digital Asset Fund L.P. According to the agreement, Round 13 DAF agrees to provide the company with a credit limit of up to $5 million in the form of one or more installment payments. All funds withdrawn under this credit limit, including the second installment, must be specifically used to purchase Bitcoin through Coinsquare's regulated over-the-counter trading counter. After completing the second installment withdrawal, Round 13 DAF has provided the company with a cumulative amount of $1.5 million under the credit limit.