South Africa’s Altvest Capital Plans to Create $210 Million Crypto Treasury Reserve

Altvest Capital, a South African company, is aiming to raise $210 million to acquire Bitcoin and establish a crypto treasury reserve. This move marks the first publicly traded company in Africa to adopt Bitcoin as its primary asset for financial reserves. The company’s founder, Warren Wheatley, has confirmed this significant change by renaming Altvest Capital to Africa Bitcoin Corp., highlighting their commitment to Bitcoin adoption. This strategy mirrors successful models employed by companies like Michael Saylor and Metaplanet, emphasizing the potential of Bitcoin in value preservation and investment.