News24 Business | JSE-listed Altvest adopts bitcoin treasury in African first

News24 Business | JSE-listed Altvest adopts bitcoin treasury in African first

Altvest will be the first listed African company to adopt Bitcoin as its primary treasury reserve asset, emulating a strategy that propelled a more than 2 400% surge in Michael Saylor’s Strategy.com since it started buying the token.

Altvest Becomes First Listed Company in Africa to Adopt Bitcoin (BTC) as Treasury Asset

The South African alternative investment firm has bought one bitcoin.

South African Firm to Amass Bitcoin Hoard in First for Continent

Altvest Capital Ltd. said it will become the first listed company in Africa to adopt Bitcoin as its primary treasury reserve asset, emulating a strategy that propelled a more than 2,400% surge in Michael Saylor’s Strategy.com since it started buying the token.

South African Company Becomes First Public Firm In Africa To Hold Bitcoin

Altvest Capital is set to become the first company in Africa to adopt Bitcoin as its primary treasury reserve asset The firm aims to secure 200 million rand through selling shares to further expand its Bitcoin holdings One Bitcoin was purchased by Alvest Capital and the company seeks regulatory approval to raise about R200 million through selling shares. This way, the company would expand its holdings.  On Friday, the company publicly declared  …

South-African Public Company Altvest Capital Invests in Bitcoin

Altvest Capital is the first African company to adopt a bitcoin treasury strategy, following the footsteps of Strategy in the US and Metaplanet in Japan.

Altvest Capital Takes Bold Step by Embracing Bitcoin as Stra

Altvest Capital is the first African company to adopt Bitcoin as an asset. The company aims to enhance value preservation through strategic investments. Continue Reading:Altvest Capital Takes Bold Step by Embracing Bitcoin as Strategic Asset The post Altvest Capital Takes Bold Step by Embracing...