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Jetking Infrotrain Becomes First Indian Company to Adopt a Bitcoin Strategy with 12 BTC Purchase

DATE POSTED:December 9, 2024
Sora Ventures Introduces $150M Fund to Drive Bitcoin Strategy in Asia

The post Jetking Infrotrain Becomes First Indian Company to Adopt a Bitcoin Strategy with 12 BTC Purchase appeared first on Coinpedia Fintech News

Jetking Infotrain, a 77-year-old Indian company, has made history as the first publicly listed business in India to adopt the Bitcoin Treasury Strategy. CEO Avinash Bharwani announced that the company has added 12 Bitcoin (BTC) to its balance sheet, worth INR 10 crore (around $1.2 million), based on a market capitalization of INR 37.8 crore.

This move signals growing interest in Bitcoin among businesses, marking a shift toward using cryptocurrency as a reserve asset.

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