Altvest appoints executive chairman to drive bitcoin treasury strategy

Altvest Capital Limited announced on September 10, 2025, a significant change in its board structure to align with its newly adopted bitcoin treasury strategy. Stafford Masie, previously the independent non-executive chairman, has been appointed as executive chairman. His new role will involve driving the execution of the bitcoin treasury strategy, focusing on strategic direction, mentorship, and fostering external relations with major investors and regulatory bodies. This appointment allows Warren Wheatley, the chief executive officer, to concentrate on the day-to-day management of the company's business activities.

Masie brings over 30 years of experience in the information technology industry, with a background in prominent companies such as Telkom, Dimension Data, Novell, and Google. He has served on various boards, including Discovery Bank and ADvTECH Group, and is recognized as a c-suite crypto thought leader and an avid bitcoin “maximalist.” His extensive experience in fintech, artificial intelligence, and crypto, coupled with his instrumental role in guiding the initial exploration of the bitcoin treasury strategy, makes him well-suited to lead Altvest's evolution in this area.

Concurrently, Norma Sephuma has been appointed as lead independent director. Sephuma has served on the Altvest board as an independent non-executive director since March 1, 2025.