Four of Africa Bitcoin’s six directors have resigned after a shareholder group moved to remove them.
Browsing: Altvest
Warren Wheatley has resigned as CEO and employee of Africa Bitcoin Corporation, three weeks after the FSCA debarred him.
Africa Bitcoin Corporation, formerly Altvest Capital, is moving its JSE listing from AltX to the main board.
Africa Bitcoin Corporation is handing a 4% stake in the company to a newly appointed financial adviser.
Altvest has appointed Stafford Masie as executive chairman and tasked him with leading its bitcoin treasury strategy.
Altvest is changing its name to The Africa Bitcoin Corporation and plans to issue shares to raise capital for its bitcoin treasury.
The move by Altvest, which emulates US company MicroStrategy, will “fully comply with relevant financial regulations”.
Warren Wheatley and Stafford Masie tell the TechCentral Show about their involvement in a bid to buy into the Springboks.