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

Summary by News24
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.

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News24News24

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.

·South Africa
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Coin DeskCoin Desk

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

The South African alternative investment firm has bought one bitcoin.

·Manila, Philippines
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BloombergBloomberg

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.

·United States
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https://www.cryptela.comhttps://www.cryptela.com

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...

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Bitcoin Ethereum NewsBitcoin Ethereum News

Bitcoin Joins Altvest Capital's Balance Sheet in Landmark Treasury Strategy Shift

The post Bitcoin Joins Altvest Capital’s Balance Sheet in Landmark Treasury Strategy Shift appeared on BitcoinEthereumNews.com. Altvest Capital Limited has become the first publicly traded company in Africa to adopt Bitcoin as a strategic treasury asset. The company announced its initial investment in Bitcoin (BTC) as part of a broader treasury management strategy, which aims to strengthen financial resilience, preserve shareholder value, and ga…

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TechCentralTechCentral

JSE-listed Altvest to set up bitcoin treasury - TechCentral

The move by Altvest, which emulates US company MicroStrategy, will “fully comply with relevant financial regulations”.

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Bloomberg broke the news in United States on Friday, February 21, 2025.
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