Africa Bitcoin Corporation Limited
AFBCF
Other OTC0.50
USD
+0.31
- -
ISIN
ZAE000358925
CUSIP
E00033705
Return %
Stock
S&P500
1Y
121.09
19.01
3Y
121.09
65.49
5Y
121.09
72.21
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Warren Gregory Wheatley
- Full Time Employees
- 10
- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 66 Rivonia Road Johannesburg South Africa 2196
- IPO Date
- Nov 24, 2025
- Website
- altvestcapital.co.za
- Similar Companies
- Business
- Africa Bitcoin Corporation Limited (AFBCF) is Africa's first publicly listed company to adopt a structured Bitcoin treasury strategy, accumulating and holding Bitcoin as a core reserve asset to preserve value, hedge against inflation, and enhance long-term shareholder exposure to Bitcoin's potential upside. Formerly known as Altvest Capital Limited, the company operates as an investment holding entity in the financial services sector, primarily facilitating funding solutions for small and medium-sized enterprises (SMEs) in South Africa and across Africa through its wholly-owned subsidiary, Altvest Capital Solutions (ACS). ACS provides capital-raising solutions across all business life cycles, primarily through debt products such as the Altvest Credit Opportunities Fund (ACOF), which offers alternative banking funding to SMEs; insurance and investment products tailored to entrepreneurs; employee benefits; corporate advisory services; and Bitcoin advisory to integrate SMEs into new financial systems; as well as regulated instruments delivering economic exposure to Bitcoin, including Bitcoin-backed financial services like credit, savings, and structured products. The company is headquartered at 66 Rivonia Road, Sandton, South Africa, and was incorporated in 2021. It is dual-listed on the Johannesburg Stock Exchange (JSE AltX under ticker BAC) and A2X in South Africa, the Namibian Stock Exchange (NSX under BAN), available for trading on OTCQB (AFBCF) in the United States and Börse Frankfurt (4BC) in Europe, with plans underway for a listing on the Aquis Exchange in London and expansions to additional African exchanges including Nigeria, Botswana, and Kenya. Geographic operations focus on Southern and Eastern Africa, targeting high-potential markets such as South Africa, Namibia, Botswana, Kenya, Uganda, Rwanda, and Eswatini to address a $37 billion SME credit gap through private credit deployment, job creation (1,656 jobs supported to date), and Bitcoin-enabled financial infrastructure. In September 2025, the company rebranded from Altvest Capital Limited to Africa Bitcoin Corporation Limited (approved by shareholders), marking a major strategic shift to position Bitcoin as Africa's strategic reserve asset and the first listed African firm with a formal BTC accumulation strategy via dollar-cost averaging. Recent initiatives include ongoing Bitcoin acquisitions, such as through its subsidiary Africa Bitcoin Strategies Proprietary Limited on 7 November 2025; plans to raise up to $210 million via new share issues, Bitcoin bonds, and other Bitcoin-linked products across Africa, the UK, Europe, and the USA to bolster its treasury (holding approximately 3.195 BTC as reported earlier) and expand private credit; and multi-exchange listings to enhance liquidity and global investor access. These changes leverage Bitcoin's balance sheet strength to lower the cost of capital, enable competitive SME lending rates (weighted average 18.45%), and originate innovative Bitcoin-backed products amid a proven track record of deploying R320 million to 41 SMEs across 21 industries with low delinquency (2.16% arrears).
Africa Bitcoin Corporation to Present at the Digital Asset Treasury Conference Virtual Investor Conference January 27th