Altvest plans to raise $210 million and rebrand as Africa Bitcoin Corp to build a corporate Bitcoin treasury, holding BTC directly on its balance sheet as a regulated reserve asset aimed at institutional investors.
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Altvest will rebrand to Africa Bitcoin Corp and target a $210M raise to buy Bitcoin for its treasury.
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The move mirrors larger public holders: corporate Bitcoin reserves now exceed 1,000,000 BTC, led by MicroStrategy.
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On-chain Glassnode data shows long-term holder supply growth; 5–7 year cohort realized cap dropped from $14.9B to $8.5B (2024–2025), indicating aging coins rather than mass selling.
Altvest Bitcoin treasury: Altvest to raise $210M to form a regulated Bitcoin reserve as Africa Bitcoin Corp — learn what this means for institutional investors and corporate BTC adoption.
What is Altvest’s Bitcoin treasury plan?
Altvest’s plan is to raise $210 million and rebrand as Africa Bitcoin Corp to hold Bitcoin directly on its balance sheet as a long-term reserve asset. The company intends to list shares in Namibia, Botswana and Kenya and offer regulated equity exposure to institutional investors restricted from direct BTC purchases.
How will Africa Bitcoin Corp hold and report Bitcoin on its balance sheet?
Altvest (to be renamed Africa Bitcoin Corp) will treat Bitcoin as a reserve asset, holding BTC directly and reporting fair value gains in its audited accounts. The firm has disclosed prior fair value gains that produced a paper profit, while core cash flows showed operating outflows in recent results. CEO Warren Wheatley stated the structure provides regulated equity access to Bitcoin exposure for institutions.
Why is Altvest rebranding to Africa Bitcoin Corp?
The rebrand signals a strategic pivot to a dedicated Bitcoin treasury strategy aimed at capturing institutional demand for regulated BTC exposure in Africa. Altvest’s CEO cited the intent to provide equity-based access to Bitcoin for investors who face restrictions on direct crypto purchases.
What are the financial signals and risks from Altvest’s recent results?
Altvest’s audited accounts show revenue of R7.6M and operating expenses of R29.4M, with net cash outflows of R26.3M. The company reported a paper profit of R48M driven by valuation gains in the Altvest Credit Opportunity Fund, which increased by R90.8M to R222M despite a net loss. CEO Warren Wheatley received R8M in total pay in 2025, higher than reported revenue; the board cited NAV growth from R8.5M to R126M over three years as justification.
“It’s Official! Africa’s First Listed Bitcoin Treasury Strategy Company is live! Powered by Bitcoin, Driven by Altvest Capital.” — Altvest Capital (tweet content converted to plain text, original post dated September 8, 2025)
How does this fit into broader corporate Bitcoin adoption?
Corporate Bitcoin holdings among public companies now exceed 1,000,000 BTC. MicroStrategy leads with 636,505 BTC, followed by Marathon Digital (MARA) with 52,477 BTC. New entrants and dedicated treasuries are expanding supply allocation to BTC, aligning with long-term holder trends identified in on-chain analytics.
What does on-chain data show about holder conviction?
Glassnode data indicates realized cap for the 5–7 year holder cohort fell from $14.9B in 2024 to $8.5B in 2025, primarily because coins aged into older cohorts. Simultaneously, realized caps for 7–10 year and 10+ year cohorts expanded, showing persistent long-term holding behavior despite price volatility between $50K and $140K during the period.
Frequently Asked Questions
How much is Altvest aiming to raise for the Bitcoin treasury?
Altvest aims to raise $210 million to acquire Bitcoin for a corporate treasury and will rebrand as Africa Bitcoin Corp to reflect the strategy.
Will Africa Bitcoin Corp list on exchanges?
Yes. Altvest plans listings in Namibia, Botswana and Kenya, and is exploring an international listing to broaden investor access.
Key Takeaways
- Strategic pivot: Altvest will rebrand as Africa Bitcoin Corp and target a $210M raise to build a Bitcoin treasury.
- Corporate trend: Public company Bitcoin holdings exceed 1M BTC; MicroStrategy remains the largest holder.
- On-chain conviction: Glassnode data shows long-term holder cohorts expanding, supporting the thesis for corporate BTC reserves.
Conclusion
Altvest’s plan to raise $210M and rebrand as Africa Bitcoin Corp formalizes a corporate Bitcoin treasury strategy that mirrors global peers and seeks to provide regulated BTC exposure via equity listings. This development aligns with rising corporate adoption and on-chain indicators of long-term holder conviction, and will be closely watched by institutional investors and market analysts.
Author: COINOTAG — Maxwell Mutuma. Published: 08 September 2025, 10:15:00 GMT.
