Imagine a special kind of money called Bitcoin! It's like digital gold, stored on computers. A big company in Africa, Altvest Capital, just bought some Bitcoin to keep as a safe investment. They think it's a smart way to protect their money from losing value.
- Altvest is the first company in Africa to buy Bitcoin for its savings.
- They spent about $98,200 on a single Bitcoin.
- Other companies like MicroStrategy in the US have already done this and seen success.
- Altvest hopes Bitcoin will help protect their money and make it grow.
| Fact | Number |
|---|---|
| Bitcoin's cost to Altvest | $98,200 |
| MicroStrategy's Bitcoin holdings (approximate) | 478,740 |
| MicroStrategy's Bitcoin holdings value (approximate) | $47 Billion |
| Altvest shares change after news | -9% |
