Altvest Capital Limited a major player on the Johannesburg Stock Exchange has declared its transition to Bitcoin as its principal treasury reserve asset. This bold move positions Altvest as the first listed African company to anchor its financial strategy in cryptocurrency securing its assets against inflation with Bitcoin’s finite supply of 21 million coins.

The company’s strategic shift includes a focused Bitcoin-only investment strategy amid a global rise in institutional acceptance of the digital asset. Altvest aims to bolster financial resilience and preserve shareholder value by leveraging Bitcoin’s liquidity and strong market security features.

CEO Warren Wheatley expressed confidence in Bitcoin’s unique attributes stating that it aligns perfectly with Altvest’s investment philosophy. The decision reflects a comprehensive risk assessment and a commitment to navigating economic shifts while enhancing the company’s treasury portfolio with a proven decentralized asset.

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