Mumbai-based IT training firm Jetking is set to increase its Bitcoin holdings, aiming to leverage the cryptocurrency’s value for long-term financial growth. The company plans to raise Rs. 6.6 crore (approximately $800,000 USD) through the sale of 428,622 equity shares, adhering to SEBI regulations.
This move follows Jetking’s landmark decision in December 2024 to become the first publicly listed Indian company to adopt a pro-Bitcoin treasury policy. CFO Siddharth Bharwani confirmed the expansion plans, underscoring the company’s belief in Bitcoin’s potential to enhance its financial value. This strategy positions Jetking as a pioneer in the Indian corporate landscape, embracing digital assets for strategic financial management. Further details about the company’s strategy and goals were also provided by Bharwani on social media.
