South African listed company Altvest plans to raise $210 million to buy Bitcoin
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最新报道：According to Bloomberg News, South African publicly listed Altvest Capital Ltd. plans to raise $210 million to purchase Bitcoin and establish a cryptocurrency reserve, hoping to capitalize on the near-doubling of digital asset prices over the past year. Founder and CEO Warren Wheatley stated in an interview that the company (to be renamed "Africa Bitcoin Corp.") is raising funds from overseas and local investors and will seek an international listing. The company's subsidiary, Altvest Bitcoin Strategies Pty Ltd., will provide cryptocurrency services on behalf of CAEP Asset Managers Pty Ltd., which is authorized by the Financial Sector Conduct Authority. Altvest, with a market capitalization of 52.8 million rand ($3 million), will hold cryptocurrencies as core reserve assets on its balance sheet, similar to how companies traditionally hold cash or gold.
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