South African financial services firm Altvest Capital plans to raise $210 million to purchase Bitcoin and establish a crypto treasury reserve. The company will rebrand as Africa Bitcoin Corp, becoming the first publicly listed company in Africa to adopt Bitcoin as its primary treasury reserve asset. This strategy mirrors the Bitcoin treasury approaches of U.S.-based MicroStrategy and Japan's Metaplanet.
Altvest Capital to Raise $210 Million for Bitcoin Reserves
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