Big news! A company in Africa, Altvest Capital, just became the first publicly traded company on the continent to use Bitcoin as part of its money! They did this to protect their money from losing value and to make their investments stronger. Think of it like putting some of their money in a super-safe, digital box.
- Altvest bought Bitcoin because it's scarce (only 21 million will ever exist).
- Bitcoin is also very secure and independent, unlike some other types of digital money.
- More and more companies are following suit, seeing Bitcoin as a smart investment.
Fact | Details |
---|---|
Altvest's Action | First publicly traded African company to use Bitcoin as a treasury asset. |
Bitcoin's Supply | Limited to 21 million. |
Reasoning | Protection against inflation and currency depreciation. |