Jetking’s ₹6.6 Crore Bitcoin Bet: India’s First Public Company Goes All-In!
What if a regular Indian company decided to bet big on Bitcoin? That’s exactly what Jetking, a well-known public company in India, is doing right now! On April 2, 2025, Jetking announced a game-changing plan to raise ₹6.6 crore (about $780,000) to buy Bitcoin. This isn’t just a small experiment—it’s a bold step that makes Jetking the first publicly traded company in India to dive into cryptocurrency as a treasury asset. Want to know why this matters and what’s next? Keep reading!
Jetking’s Big Bitcoin Plan
Jetking’s board gave the green light to a “Strategic Fund Raise” aimed at snapping up Bitcoin. The company plans to sell equity shares to gather ₹6.6 crore, which will fuel its Bitcoin treasury operations. This move isn’t just about jumping on a trend—it’s about growth and scalability in the wild world of virtual digital assets. Jetking, already a pioneer in IT training, is now leading the charge in blending traditional business with crypto innovation.
Why Bitcoin? Why Now?
Bitcoin’s value has been climbing, hovering around $84,000-$86,000 as of today, April 2, 2025. Companies worldwide are starting to see it as a smart way to store wealth and protect against inflation. Jetking’s decision comes hot on the heels of its earlier Bitcoin buy in December 2024, when it grabbed 12 BTC for $1.2 million. That move sent its stock soaring 30%—proof that investors love this crypto gamble. Now, with this new ₹6.6 crore fundraise, Jetking is doubling down, showing serious faith in Bitcoin’s future.
What This Means for India
Jetking isn’t just making waves for itself—it’s setting a new standard for Indian businesses. As the first public company in India to embrace Bitcoin this way, it could inspire others to follow suit. Imagine more companies adding crypto to their balance sheets! This could shake up India’s financial scene, especially since the country has been cautious about crypto rules. Jetking’s bold step might push regulators to clarify their stance, opening doors for wider adoption.
Risks and Rewards
Of course, Bitcoin isn’t a sure thing. Its price can swing wildly, and India’s strict crypto taxes (like the 30% gains tax) add some hurdles. But the rewards? If Bitcoin keeps rising, Jetking could see huge gains, just like its stock did last year. Plus, being a trailblazer in India’s crypto space gives Jetking a shiny badge of innovation—something investors and customers notice.
What’s Next for Jetking and Bitcoin?
With ₹6.6 crore in hand, Jetking is ready to bulk up its Bitcoin stash. The exact purchase price isn’t out yet, but at current rates, this could mean adding 9-10 more BTC to its treasury. Will this spark another stock surge? Will other Indian companies jump on the Bitcoin train? One thing’s for sure—Jetking’s move is a signal that crypto is no longer just for tech geeks; it’s going mainstream in India.
Join the Crypto Buzz
Jetking’s Bitcoin adventure is lighting up conversations everywhere, from boardrooms to social media. Curious about how this will play out? Stick around—2025 is shaping up to be a wild ride for crypto in India, and Jetking is leading the charge!
