The strategy of incorporating Bitcoin into corporate reserves continues to expand and is now linked to the African continent through the Altvest company. If it is a publicly traded company based in South Africa, it may raise up to $10 million dollars to buy out BTC.

According to a recent report, the company has requested permission from the country's authorities to access 200 million rands (US$ 10 million). Therefore, the company will sell part of its shares on the stock exchange. Note that the company operated in its first purchase of 1 BTC. The information was confirmed by the company's CMAO, Warren Wheatley.

The executive noted that as of now no final decision has been made regarding the purchase of cryptocurrencies for their balances. 'We see Bitcoin as a strategic reserve asset that enhances our treasury balance,' he commented. Later, I agreed that money also provides protection against economic instability.