PANews reported on February 21 that according to Bloomberg, South African listed company Altvest Capital Ltd. said it would adopt Bitcoin as its main treasury reserve asset. This strategy imitated Michael Saylor's Strategy. Warren Wheatley, CEO of Altvest Capital, revealed in an interview that the company has purchased one Bitcoin and has applied to regulators to raise approximately 200 million rand (10 million US dollars) by selling stocks to purchase Bitcoin. However, no final decision has been made on the related fundraising activities.