Africa Bitcoin Corporation’s boardroom battle leaves just two directors standing

Africa Bitcoin Corporation (ABC), South Africa’s listed Bitcoin treasury firm and financial services group, faces a new battle over who joins its board after four directors, including its chairperson and interim chief executive, resigned following a shareholder push to remove them.

With just two directors remaining, the company must rebuild its board while a separate demand to appoint two new non-executive directors remains unresolved.

The dispute centres on two shareholder demands. Investors holding approximately 76% of ABC’s shares called for…