Africa Bitcoin Corporation

Altvest Capital is transitioning into its next phase of growth with the proposed rebrand to Africa Bitcoin Corporation (ABC) — Africa’s first listed Bitcoin treasury strategy company. This evolution is the natural continuation of Altvest’s founding mission: providing access to alternative assets that preserve and grow investor wealth.

Altvest Capital (ALV.JO) has emerged as a trailblazer in South Africa’s financial sector, making headlines as the first publicly listed company on the continent to adopt Bitcoin as a treasury asset. Founded as an innovative investment firm, Altvest Capital specializes in democratizing access to alternative investments, leveraging technology to open up previously exclusive opportunities to a broader investor base. Their business model focuses on transparency, accessibility, and a forward-thinking approach to asset management.

The company’s decision to add Bitcoin to its balance sheet reflects a strategic pivot toward digital assets as a hedge against currency devaluation and global economic uncertainty. Altvest Capital’s investment thesis is rooted in the belief that Bitcoin, with its finite supply and decentralized nature, offers a compelling store of value and a potential safeguard against inflation. By integrating Bitcoin into its treasury, Altvest aims to diversify its holdings and position itself at the forefront of financial innovation in Africa.

This move not only sets Altvest Capital apart from its regional peers but also signals a broader shift in institutional attitudes toward Bitcoin across emerging markets. As the first listed African company to publicly embrace Bitcoin, Altvest is paving the way for other corporates on the continent to consider digital assets as part of their long-term strategy. Their bold step has attracted attention from both local and international investors, reinforcing their reputation as a forward-looking and adaptive market player.

Recent Developments

• February 21, 2025: Altvest Capital announced the acquisition of 1 BTC at a total cost basis of $98,200, marking its official entry into the Bitcoin treasury space. This move was confirmed through multiple sources, including press releases, financial statements, and news coverage.
• Altvest has publicly stated that it does not plan to diversify into altcoins, citing Bitcoin’s unique attributes and its alignment with the company’s treasury investment criteria. This focused approach underscores their conviction in Bitcoin’s long-term value proposition coindesk.com.
• The company is reportedly seeking to raise an additional $10 million to further expand its Bitcoin holdings, signaling a strong commitment to integrating digital assets into its core financial strategy crypto.news.
• Altvest’s pioneering move has sparked increased interest in Bitcoin among African corporates and investors, positioning the firm as a catalyst for broader adoption of digital assets across the continent.

Altvest Capital’s bold foray into Bitcoin treasury management marks a significant milestone for both the company and the African financial landscape. By embracing Bitcoin, Altvest is not only diversifying its own balance sheet but also setting a precedent for innovation and digital asset adoption in emerging markets.