SA’s Africa Bitcoin Company lists in Germany in world push

Africa Bitcoin Company (previously Altvest Capital Restricted), a South Africa-based Bitcoin treasury and SME-finance firm, has listed on the Börse Frankfurt Citation Board, a part of the open market section of Germany’s inventory trade, because it charts a path to make Bitcoin accessible to world buyers.

The corporate additionally started buying and selling on two of Germany’s most lively retail buying and selling venues, Tradegate, a serious on-line trade common with European retail buyers, and Lang & Schwarz, a German monetary providers firm that provides brokerage providers to purchasers and runs a buying and selling platform for securities.

ABC’s European debut is a part of a broader multi-exchange growth. On November 26, it listed on the OTCQB Enterprise Market, an over-the-counter trade designed for US and worldwide development-stage firms that don’t but meet the necessities for nationwide exchanges such because the NYSE or Nasdaq.

Its enterprise mannequin rests on a two-pillar technique: accumulating and holding Bitcoin in its company treasury to develop Bitcoin per share (BPS) over time, whereas retaining its legacy working companies, together with SME lending and advisory providers, “ring-fenced” and income-generating. The corporate makes use of internet asset worth (NAV) per share,  the worth of its property divided by the variety of shares, as its main efficiency metric.

ABC is at the moment listed in South Africa (Johannesburg Inventory Alternate and A2X Markets), Namibia (NSX), the US (OTCQB), and Germany, with further African listings deliberate in Botswana and Kenya. The corporate says increasing overseas early helps it achieve entry to well-capitalised pension funds and household workplaces in search of oblique publicity to Bitcoin by way of regulated equities, moderately than holding the digital asset straight.

“European retail and institutional buyers already perceive Bitcoin treasury firms, which shortens the schooling cycle,” stated Stafford Masie, govt chairman of Africa Bitcoin Company. “It diversifies our investor base past South Africa and helps environment friendly cross-listing liquidity as soon as we broaden throughout Africa, proving that we are able to execute domestically, pan-African, and globally. The European itemizing enhances, moderately than replaces, our Africa-focused roadmap.”

The corporate plans to boost $210 million over the subsequent three years by way of share issuances, with many of the capital earmarked for scaling its SME personal credit score operations and shopping for extra Bitcoin to construct what it hopes will grow to be Africa’s largest listed Bitcoin treasury agency. As of December 2025, ABC holds 3.1950 Bitcoins accrued as a part of its disciplined balance-sheet technique, based on Masie. 

Its monetary assertion for the six months ending August 31, 2025, exhibits the corporate has a internet asset worth (NAV) of R125.97 million ($7.4 million) and a market capitalisation of R99 million ($5.8 million) at a reference share value of R9.00 ($0.53). ABC, which was neck-deep within the pink the earlier 12 months, posted R27.23 million ($1.6 million) in revenue earlier than tax, and was worthwhile after taxes at R21.32 million ($1.24 million) in 2025.

Regardless of general group efficiency, the corporate posted a consolidated lack of R10.78 million ($630,000) for the interval at its lending subsidiary, Altvest Credit score Alternatives Fund (ACOF), pushed by working bills and mortgage impairments. ACOF had deployed R320 million ($18.7 million) in loans to 39 SMEs, backed by R618 million ($36 million) in safety, and has supported or created greater than 1,650 jobs.

ABC additionally owns actual property “legacy” property, together with Umganu Lodge, a luxurious safari lodge close to Kruger Nationwide Park, and Bambanani, a family-oriented restaurant and play centre in Johannesburg. The corporate plans to introduce Bitcoin cost choices throughout its eating places, giving mother and father and households the selection of transacting in digital property, because it shifts its strategic focus to constructing a Bitcoin treasury.

“Our imaginative and prescient is to be the biggest African-listed firm holding Bitcoin on its steadiness sheet, whereas additionally being the accomplice of selection for SMEs throughout [Africa],” stated CEO Warren Wheatley within the August report. “Now we have already made progress, elevating capital and deploying it into high-impact ventures. As we broaden our attain past South Africa into the remainder of the continent, our  objective stays clear: to unlock alternative, construct sustainable worth, and empower the subsequent era of African entrepreneurs and buyers.”

The corporate says its long-term ambition is to build up as much as 2,100 Bitcoins in 21 months as a part of its treasury technique and to place itself amongst Africa’s prime listed firms inside 5 years. 

“We proceed to deploy capital opportunistically, all the time with an emphasis on long-term accretion and accountable treasury administration,” stated Masie. “It’s nonetheless early days, and as we open in numerous markets, we’re actively participating with capital allocators.”