Bitcoin Fiscal Revolution in Africa: Altvest Capital’s $210 million bets and the future of institutional exposure

South African investment firm Altvest Capital is raising $210 million to acquire Bitcoin and rename it Africa Bitcoin Corp — the first publicly traded company in the continent to use Bitcoin as a major treasury reserve asset. The move aims to hedge inflation and diversify institutional portfolios, reflecting Bitcoin’s 150% return over the past 18 months, and a surge in cryptocurrency adoption in sub-Saharan Africa at 52%. The company plans to list in Namibia, Botswana and Kenya to promote the popularity of Bitcoin stocks.