Africa’s First Bitcoin Treasury Agency Targets $210M Increase as Altvest Rebrands to Africa Bitcoin Corp

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Altvest Capital Ltd., listed in South Africa, launches Africa’s first Bitcoin treasury technique firm. The agency plans to boost $210 million to purchase Bitcoin, rebranding as Africa Bitcoin Corp . Institutional traders achieve regulated BTC publicity as crypto adoption surges 52% in Sub-Saharan Africa. South African funding agency Altvest Capital Ltd. has formally introduced that it's reworking into Africa Bitcoin Corp, the continent’s first listed Bitcoin treasury technique firm. The transfer locations Africa firmly on the map of company Bitcoin adoption, echoing methods already embraced by giants like MicroStrategy within the U.S. and Metaplanet in Japan.

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Altvest Bets $210M on Bitcoin Altvest additionally introduced its intent to allocate as much as $210 million as a direct funding in Bitcoin, and it made it its elementary treasury asset. The Africa Bitcoin Corp doesn't plan to make use of reserves (as a retailer of worth or monetary cushion) as was widespread with conventional firms, who maintain their reserves in money or gold.

The announcement was made by founder and CEO Warren Wheatley , who emphasised that this technique creates a brand new gateway for institutional traders in Africa. Pension funds, retirement annuities, and different regulated swimming pools of capital typically can't buy Bitcoin immediately. Nevertheless, by shopping for fairness in Africa Bitcoin Corp, they achieve oblique but totally regulated publicity to BTC.

Wheatley stated the transfer aligns with world developments the place firms are more and more treating Bitcoin as each an inflation hedge and a catalyst for inventory market revaluation. Altvest desires to comply with within the footsteps of MicroStrategy which now owns over 636,000 BTC and whose market capitalization has skyrocketed due to its Bitcoin-first technique, a roadmap that Altvest is trying to implement on African soil.

A Rebrand With Large Ambitions As a part of the transformation, Altvest Capital Ltd. is rebranding to Africa Bitcoin Corp , a reputation that highlights its single-minded technique. The agency is already listed on the Johannesburg Inventory Trade and intends to broaden its footprint with new listings in Namibia, Botswana, and Kenya , with additional worldwide alternate entry into account.

Though its present valuation is small (52.8 million rands or roughly $3 million), the corporate is aiming at a valuation near 70 occasions its market worth, an enormous threat that highlights the dangers and alternatives concerned with Bitcoin. If profitable, the fundraising would mark one of many largest crypto-related treasury allocations ever tried by an African firm.

A Turning Level for African Crypto Adoption Africa has emerged as one of many quickest increasing crypto zones within the globe. Chainalysis 2025 International Adoption Index reveals that Nigeria has been ranked 6 th globally in adoption and Ethiopia is ranked within the high 20. Total, the charges of crypto utilization in Sub-Saharan Africa have risen by 52% throughout the timeframe between July 2024 and June 2025.

A lot of this uptake is unofficial and pushed by peer-to-peer alternate, remittances, and retailers accepting Bitcoin as a fee. In April, a report by NFTEvening indicated that the variety of African companies that settle for crypto funds elevated 45% in 2024 and there are 768 factors of sale on the continent, 584 of that are situated in South Africa alone.

By bringing Bitcoin immediately into its treasury and onto the steadiness sheet of a listed entity, Africa Bitcoin Corp is formalizing what people and small companies have been doing for years: treating BTC as a purposeful retailer of worth and hedge towards inflationary fiat currencies.