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AFRICA BITCOIN CORPORATION LIMITED - Acquisition of Bitcoin

Release Date: 10/02/2026 17:15
Code(s): BAC BACA BACB BACC     PDF:  
Wrap Text
Acquisition of Bitcoin

 AFRICA BITCOIN CORPORATION LIMITED
 (formerly Altvest Capital Limited)
 Incorporated in the Republic of South Africa
 (Registration Number: 2021/540736/06)
 LEI Number: 37898OOE85B7YW5EEW57
 ("Africa Bitcoin Corporation" or the "Company" or the "Group")

 Share Class                      JSE and A2X      NSX Code         OTCQB            Deutsche         ISIN
                                  Codes                             Code             Börse Code

 Ordinary Shares                  BAC              BAN              AFBCF            4BC              ZAE000337051
 Preferred A Ordinary Shares      BACA             -                -                -                ZAE000338422
 Preferred B Ordinary Shares      BACB             -                -                -                ZAE000338430
 Preferred C Ordinary Shares      BACC             BANC             -                -                ZAE000338448


ACQUISITION OF BITCOIN

Shareholders are referred to the previous announcements released by the Company, the last of which was published
on 10 November 2025, regarding the Group's acquisitions of Bitcoin (or BTC) in terms of the Group's Bitcoin Treasury
Strategy.

Further to the announcements, shareholders are advised that on 9 February 2026, the Group, through its wholly-owned
subsidiary Africa Bitcoin Strategies Proprietary Limited, acquired a further 1.3554 BTC for an aggregate cash
consideration of R1,510,000 at an average price of R1,114,062 per BTC (inclusive of fees and expenses). This
acquisition was funded through a new R1,500,000 debt facility obtained from an independent third-party bank and
available cash on hand.

Following this acquisition, the Group now holds 4.5504 BTC in aggregate, with an aggregate acquisition value of
approximately R7,315,000 reflecting an average acquisition price of approximately R1,607,549 per BTC (inclusive of
fees and expenses).

BTC YIELD
The Company monitors "BTC Yield", a non-IFRS performance metric that measures the percentage change in Sats-
Per-Share ("SPS") over a given reporting period. SPS reflects the number of satoshis of Bitcoin economically attributable
to each ordinary share in issue. This metric is provided for contextual and comparative purposes only and does not
constitute a forecast, target, or guarantee of future performance.

 Date                                      Sats per ABC ordinary share                        BTC Yield
 19 February 2025                                        9.2                                     100%
 3 November 2025                                        17.7                                      93%
 5 November 2025                                       22.09                                     140%
 7 November 2025                                       28.10                                     206%
 9 February 2026                                       40.03                                     335%

STRATEGIC POSITION
In line with the Group's Bitcoin Treasury Strategy, the Company intends to continue accumulating and holding BTC as
a long-term store of value and to expand shareholders' economic exposure to the upside potential of Bitcoin over time.

The information contained in this announcement is the responsibility of the directors of ABC and has not been reviewed
or reported on by an external auditor.

Johannesburg
10 February 2026

JSE Designated Advisor       NSX Sponsor
Questco Corporate Advisory   Cirrus Securities (Pty) Ltd
                             Member of the Namibian Stock Exchange

Date: 10-02-2026 05:15:00
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