AFRICA BITCOIN CORPORATION LTD
BAC | The Johannesburg Stock Exchange Limited (Embargo)Business Summary
Africa Bitcoin Corporation Limited, formerly Altvest Capital Limited, is a Bitcoin treasury company. The Company accumulates and holds BTC to preserve value, hedge against inflation and increase long-term shareholder exposure to BTC’s potential upside. The Company is an investment holding company operating in the financial services sector that facilitates access to bespoke investments and simultaneously provides funding to South African businesses. It focuses on initiatives to facilitate the funding of Small and Medium Enterprises (SMEs) in South Africa and encourages the participation of retail investors in the financial markets by allowing them to invest in bespoke investments. The Company's ability to advance loans, its debt solution, is via the Altvest Credit Opportunities Fund (ACOF), which provides SMEs with an alternative to traditional banking funding and other SME funders.
Country of Incorporation
South Africa
Incorporation Date
2021-04-21
Business Sector
Investment Holding Companies
Company Address
Block B, 66 Rivonia Road, Chislehurston
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