Coin-Turk 37 minutes ago
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Altvest Capital, based in Johannesburg, has become the first publicly traded African company to adopt Bitcoin 
$95,265 as a strategic treasury asset. In a press release, the company stated that this move aims to preserve its value, protect against currency devaluation risks, and provide access to a globally recognized store of value.
Strategic Bitcoin Investment
Following the example of Strategy in America and Metaplanet in Japan, Altvest Capital has purchased Bitcoin. The company prefers to view Bitcoin as the only digital asset suitable for its long-term treasury distribution portfolio. Additionally, no plans were articulated for acquiring alternative crypto assets.
Market Performance and Global Strategies
There is a growing trend among global companies to include Bitcoin as a strategic treasury asset. Under the leadership of Michael Saylor, Strategy has accumulated a massive Bitcoin reserve after significant investments since 2020…
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