Indian Tech Company Jetking Infortrain Limited makes waves with its bold move to Bitcoin (BTC). As the first listed Indian company that adds Bitcoin to its Treasury, Jetking is moving forward with an interest in King Coin. Recently, the company’s board approved a “strategic fund increase.” This intends to acquire more bitcoin. This decision is not only a big deal for India, but it marks a remarkable moment for the broader Asian market.
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Jetking to expand the Bitcoin Treasury Operations
Just in: 🇮🇳 Indian Public Company Jetking to raise money to buy Bitcoin.
– watcher.guru (@watcherguru) April 2 2025
The money will be used for special purposes. This is about buying virtual digital assets, daily business requirements and education, education and skills acquisitions in Bitcoin. Finally, when he looked deeper into the emissions aspect, Bharwani revealed that Jetking emits 4,28,622 shares at a price of £ 154 per share. This comes with a nominal value of £ 10 and a premium of £ 144, resulting in a total publishing size of 6.6 crore.
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Indian crypto market
Jetking has been in the Indian IT scene for almost 77 years now. On December 9, 2024, the company bought a total of 12 Bitcoin, which was worth approximately $ 1.2 million. Jetking’s latest action has certainly brought the company into the limelight. Some were found drawing parallels between the company and Michael Saylor’s strategy.
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