Bitcoin Policies - Africa Bitcoin Corporation

Bitcoin
Policies

Bitcoin Custody & Acquisition Policy

At Africa Bitcoin Corporation (ABC), we are committed to managing our Bitcoin responsibly, transparently, and in line with industry best practice. To achieve this, we have established a dedicated special purpose vehicle (SPV), Africa Bitcoin Strategies (ABS), which will house all of our Bitcoin holdings.

Custody

Dual Custodians: We will custody our Bitcoin with two independent, FSCA-licensed exchanges Valr and Luno to spread risk and strengthen security.
Cold Storage: The majority of our Bitcoin will be held in offline, multi-signature cold wallets, ensuring that funds are secure and inaccessible to unauthorized parties.
Transparency: We will adopt regular proof-of-reserves reporting, and once the Johannesburg Stock Exchange (JSE) finalizes its regulatory framework, we will align fully with its requirements for listed Bitcoin companies.

Acquisition

Over-the-Counter First: We will acquire Bitcoin primarily via OTC trades to avoid slippage and market disruption. Smaller purchases may be executed on regulated exchanges.
Disciplined Strategy: Our approach will be gradual and methodical, following a dollar-cost averaging model rather than large, lump-sum purchases.
Cash Management: Cash earmarked for acquisitions will be held securely in on-call or money market accounts until deployment.
Governance: Larger transactions will be subject to internal approvals, ensuring oversight and accountability.

Commitment to Best Practice

As regulation evolves, we will continue to update our custody and acquisition framework. Our goal is to provide investors with peace of mind that every Bitcoin at ABC – via Africa Bitcoin Strategies – is managed securely, transparently, and for long-term value creation.