$BTC Bitcoin has evolved from a niche digital currency to a mainstream financial asset, with major corporations and even governments incorporating it into their financial strategies. The trend of companies holding Bitcoin as part of their treasury reserves has gained traction due to its potential as a hedge against inflation, currency depreciation, and a store of value.

In February 2025, South African-listed investment holding company, AltVest, made history by becoming the first public African company to add Bitcoin to its treasury reserves. Through its subsidiary, AltVest Bitcoin Strategies, the company acquired 1.00464 BTC for R1.81 million ($98,491) as part of its long-term treasury management strategy. This move underscores a growing institutional acceptance of Bitcoin as a legitimate asset class.

MILESTONE | Altvest Becomes First Publicly-Listed Firm in Africa to Add #Bitcoin to Treasury Reserves

Altvest says it ‘currently views Bitcoin as the only digital asset’ meeting its criteria.https://t.co/vx6CAuOwLM @CapitalAltvest pic.twitter.com/jydjwqeMF1