South African listed company Altvest plans to raise $210 million to buy Bitcoin


On September 8th, according to Bloomberg, South African listed company Altvest Capital Ltd. plans to raise $210 million to buy Bitcoin and establish a crypto treasury reserve. The company's founder and CEO, Warren Wheatley, said in an interview that the company will also be renamed "Africa Bitcoin Corp." and is currently raising funds from overseas and local investors, and will seek an international listing.