Jetking Infotrain Ltd., a microcap Indian IT education company listed on the BSE, has etched its name into financial history by becoming the first publicly traded Indian firm to adopt Bitcoin as its primary treasury reserve asset. The move, initiated in December 2024, is part of a radical financial strategy that aims to align corporate finance with the evolving digital asset ecosystem.
As of May 2025, Jetking holds 21 BTC, purchased at an average price of ₹64.65 lakh per Bitcoin. These holdings are valued at approximately ₹13.6 crore at current market rates. The initiative was made public through official stock exchange filings and verified by BitcoinTreasuries.net, a platform that tracks corporate BTC ownership globally.
Capital Raise to Fuel Crypto Accumulation
To finance its Bitcoin strategy, Jetking conducted two equity fundraising rounds within a span of four months. In April 2025, the company raised ₹6.1 crore via a preferential allotment of shares, explicitly earmarking the proceeds for Bitcoin acquisition. This was followed in July 2025 by a larger fundraise of ₹11.5 crore through the issuance of 460,000 equity shares at ₹250 per share.
Jetking’s leadership has made no secret of its long-term ambition: the company aims to accumulate 210 BTC by the end of 2025 and a staggering 18,000 BTC by 2030. The strategic roadmap echoes the approach taken by U.S.-based MicroStrategy, which has garnered global attention for its multibillion-dollar Bitcoin treasury. In interviews and investor communications, Jetking has framed its strategy as a hedge against inflation, fiat depreciation, and centralized monetary risk.
Stock Price Soars Amid Investor Enthusiasm
The market’s response to Jetking’s bold treasury policy has been resoundingly positive. Since announcing its Bitcoin adoption, the company’s share price has surged over 135% in just three months. The stock has also hit the upper circuit for 13 consecutive trading days, signaling sustained bullish sentiment among retail investors.
This surge is particularly noteworthy given the backdrop of India’s restrictive regulatory environment for cryptocurrencies. Crypto assets in India are subject to a 30% tax on gains and a 1% TDS on each transaction. Despite these deterrents, Jetking’s strategy could act as a catalyst for other Indian companies considering Bitcoin as a legitimate asset class for treasury diversification.
Traditionally known for its computer hardware and networking training programs, Jetking is now positioning itself at the intersection of digital education and digital finance. The company has hinted at broader plans to expand its curriculum to include blockchain and Web3 technologies, aligning its educational mission with its treasury philosophy.
By blending its core business with its new financial vision, Jetking is not only transforming its balance sheet but also challenging the status quo of corporate finance in India. If successful, the company could become a case study in how emerging market firms embrace digital assets to future-proof their financial strategies.
Jetking’s pivot may be the first of its kind in India, but it likely won’t be the last.
