Bitcoin treasury companies are in Vogue, and Africa has the first trading at Johannesburg Stock Exchange. While the launch of the Africa Bitcoin Corporation promises to attract the billion -billion South Africa Rand from capital markets, its founders believe that the impact of Bitcoin on the continent remains on indigenous, retail adoption.
The Altvest Capital of South Africa holds titles as it rebranded with Africa Bitcoin Corporation (ABC), the first company listed in publicly who actively builds a bitcoin (Btc) -Based Treasury on the continent.
The company has a long -term goal to raise $ 210 million to buy Bitcoin using shares sharing and structured debt notes in the mold of the UK’s smarter web company. Altvest announced its pivot to Bitcoin in February.
Exclusively speaking to Cointelegraph’s chain reaction Live X Broadcast, ABC chairman Stafford Masie and CEO Warren Wheatley did not open the details behind the company’s start.
“In Africa, when financial services don’t work, people die. We live in that fact. So when we approach Bitcoin, we approach Bitcoin from a real human need, a life-saving perspective.”@staffordmasie Outlined why bitcoin is so powerful for countries that are in touch with… pic.twitter.com/e24pek9dnu
– Gareth Jenkinson (@gazza_jenks) September 10, 2025
The listed financial service business is historically focused on helping entrepreneurs and small businesses to access capital through JSE using listed instruments. Wheatley said it aims to deal with the “disfunction” that exists in the global capital markets, where smaller players do not have the same ability to attract investment or access to capital markets.
Related: Metaplanet, smarter web add nearly $ 100m to bitcoin to treasures
How is Bitcoin appropriate to that picture? Wheatley said this is a “natural evolution,” which describes Bitcoin as “ultimate alternative possession” that will revanize the company’s balance.
Masie added that handling Bitcoin will allow ABC to continue investing and help small businesses in South Africa raise capital and build their businesses. This will integrate with the offering of Bitcoin-supported financial services, including credit, savings and structured products.
“In the context of all these Bitcoin companies, we’re not a pure play. We have an operating business that gets immense opportunities. I think playing this bitcoin is giving more relatives to the muscle,” Masie said.
Bitcoin value measure will solve African problems
The underlying principle for adopting a Bitcoin treasury reserves is directly tied to the fact that many developing countries face – the appreciation of local currencies and inflationary concerns.
Masie said Bitcoin holders in Europe, America and the Middle East viewed BTC as an alternative investment owner. In contrast, bitcoin is strictly important as a medium of exchange and store value in developing countries.
“In Africa, when financial services don’t work, people die. We live in that fact. That’s us. So when we approach Bitcoin, we approach Bitcoin from a real, human need, life-saving perspective,” Masie said.
“Debasement is very real for us. People died because of that.”
From a view of South Africa, political uncertainty, fraud and corruption are challenges facing businesses and individuals day -day. As Masie explains, the rising costs of sunny needs such as food, water and electricity are more symptoms of financial dysfunction than political disturbance.
“Money is broken, not society. Your markets are not getting more expensive; money is becoming weak,” Masie said.
Related: UK Bitcoin Treasury Company Smarter Web Eyes Acquisitions, FTSE 100
For the ABC, playing the Treasury of Bitcoin is not “just a chance from a purely financial instrument perspective,” this is a human story.
“If we get it right, we can solve so many problems that are inherent in the Bitcoin value proposal. That’s why we said Bitcoin was made for us.”
Masie added that while Bitcoin allows individuals to maintain financial value better than South Africa’s struggle Rand, the creation of the first public listed on the Bitcoin Company of the continent for capital markets to obtain exposure to BTC.
“We want to serve the individual who is not a Cypherpunk, by all means up to corporations and fixed income markets who want exposure to the class of possession but find it difficult to get exposure to it.”
ABC announced Phase 1 of its Bitcoin Strategic Reserve, raising 11 million Rands ($ 633,000) to this day. The company’s prospectus records that its first phase aims to raise $ 11 million in total.
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