Mehdi Azodi

President & CEO of Belgravia Hartford

[Mehdi Azodi @MehdiAzodiBLGV]

https://t.co/solVHfBN5g

The following press release was announced this morning.

[Mehdi Azodi @MehdiAzodiBLGV]

I was on a panel this morning at the Canadian Bitcoin Conference with great Bitcoin advocates. The reset and recovery is in the works. Q4 updates to come shortly as we look to grow our current position of holding 83 Bitcoin. https://t.co/IvoIBuAUT9 live stream of the event and our panel at the start.

[Mehdi Azodi @MehdiAzodiBLGV]

@BelgraviaBLGV did our weekly call today with @TimKotzman @joey_cacciatore

[Tim Kotzman @TimKotzman]

Bitcoin Treasuries with Belgravia Hartford https://t.co/TWApfVZO5a

[Mehdi Azodi @MehdiAzodiBLGV]

I’m very excited to announce @TimKotzman is joining the $BLGVF team. https://t.co/oYiS4eInCs

[Belgravia Hartford @BelgraviaBLGV]

BLGV BTC Live August 9th https://t.co/rIF3hX7fhD

[Mehdi Azodi @MehdiAzodiBLGV]

In 57 Days $BLGVF acquired 83 Bitcoin, we promised to move fast and we did.
Belgravia Hartford Doubles its Bitcoin treasury to 83 https://t.co/AS15VZfkRq

[Mehdi Azodi @MehdiAzodiBLGV]

Belgravia Hartford $BLGVF closes USD $5M convertible debenture to buy more Bitcoin https://t.co/cEhlOaERpi

[Mehdi Azodi @MehdiAzodiBLGV]

The best is yet to come!

[Ragnar @RoaringRagnar]

There‘s a huge difference between „talkers“ and „doers“.

Aggression and stacking are key.

@saylor is a doer in the 🇺🇸
@gerovich is a doer in 🇯🇵
@Sanderandersenn is a doer in 🇸🇪
@asjwebley is a doer in 🇬🇧
@MehdiAzodiBLGV is a doer in 🇨🇦
@EMoshevich is a doer in 🇨🇦

Plans are cheap, and talk is cheap.

Results are the only thing that matter.

And results are measured in terms of BTC stacked and BTC Yield generated.

Associate yourself with doers. ⚔️

[Mehdi Azodi @MehdiAzodiBLGV]

$BLGV weekly calls. We are very transparent and provide shareholder updates every week.

[Belgravia Hartford @BelgraviaBLGV]

BLGV BTC Live July 25 https://t.co/zwzBPp5JkM

[Ragnar @RoaringRagnar]

$BLGV purchases 25 BTC (new total of 40.77 BTC) and jumps to rank 95 on the B100.

They still have $5M from their convert ready to deploy.

That‘s how you do it.

Raise capital.
Buy Bitcoin.
Repeat.

Well done @MehdiAzodiBLGV @BelgraviaBLGV @joey_cacciatore 🔥

[Mehdi Azodi @MehdiAzodiBLGV]

https://t.co/dDXqR9FZbA

Pleased to announce that Belgravia Hartford deployed 100% of the proceeds from the private placement that closed to purchase an additional 25 Bitcoin.

As disclosed today and July 16, 2025 an additional USD $5M will be made available by Round13 to purchase Bitcoin.

[Ragnar @RoaringRagnar]

Latest Comparison of BTC Treasury Companies:
$MSTR, $MTPLF, $ALTBG, $SWC, $HOGPF, $CINGF, $BLGV, $PXI

⚠️ BIG UPDATE (read below)

Change log:
- Added all new purchases and capital raises
- Updated all cash balances (as well as I could)
- Added fully diluted current mNAV (yellow highlight)
- Added Forward P/BYD (green highlight)

Discusson on P/BYD

While I appreciate the new P/BYD metric by @Croesus_BTC and @asjwebley, I prefer my "Forward Months to Cover" metric (highlighted in green).

First, it considers the Forward mNAV including the cash ready to be deployed into Bitcoin. And second, it uses my Q3 estimate of BTC Yield, as the backwards looking BTC Yield is not as valuable in this early stage of the industry. You simply cannot project forward the BTC Yield from the early ramp phases.

When companies mature, the 30-day or last quarter BTC Yield will become much more meaningful, which is when it will make sense to adopt to the backwards looking P/BYD.

I converted my "Forward Months to Cover" into a "Forward P/BYD" (highlighted in green) as I find it valuable to have a metric which is comparable to the classic P/E ratio.

This is all still very experimental & manual. Lots of improvements and ideas in the pipeline (thank you all for so much valuable feedback). If possible, always provide the source and/or detailed calculations when suggesting corrections.

Follow me @RoaringRagnar so you don't miss any updates.

Feedback & discussion welcome!

@ZynxBTC @Micro2Macr0 @Wealth_Theory @werkman @coryswan @BitcoinPowerLaw @adam3us @RichardByworth @AdamBLiv @Anders_

[Tim Kotzman @TimKotzman]

It's Going To Take All of Us.

Welcome back to The Bitcoin Treasuries Podcast.
Powered by @OnrampBitcoin.

Today's guests are @MehdiAzodiBLGV, President & CEO of @BelgraviaBLGV and @joey_cacciatore, Director of Bitcoin Strategy at @BelgraviaBLGV.

We cover a lot of ground including the first 37 days of the Bitcoin Treasury strategy, and what Bitcoin means to them.

I really enjoyed sitting down in the studio with these guys. I hope you enjoy this episode as much as we did.

Here's my conversation with @MehdiAzodiBLGV and @joey_cacciatore.

0:00 - Intro
0:50 - What is Belgravia Hartford?
5:42 - BLGVF’s Big Announcement
8:10 - Has there been any surprises with the business so far?
9:00 - Does retail understand accretive dilution?
10:50 - Mehdi’s background and journey to Bitcoin
13:58 - Joey’s background and journey to Bitcoin
20:23 - What did Joey first think when he saw mining?
25:40 - Did their families understand Bitcoin?
41:19 - What conversations have they had with other Bitcoin Treasury companies?
50:05 - Where is all of this in a couple years?
58:30 - Where to find BLGVF online and Joey’s story of meeting Phong Le

[Adam Livingston @AdamBLiv]

🔥THE CANADIAN MSTR?!? OMG BELGRAVIA HARTFORD🔥

This COULD BE the ULTIMATE MICRO-CAP BITCOIN BET, FOLKS!

This new Bitcoin Treasury Company out of Canada has some very cool things differentiating it from the competition!

Price modeling shows potential tremendous upside if they can EXECUTE!

Check out my breakdown!

[Belgravia Hartford @BelgraviaBLGV]

https://t.co/RwnKldruDc