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India-listed Jetking Approves Private Placement of 460,000 Shares to Expand Bitcoin Strategy


by Abdulkarim Abdulwahab
for CoinEdition
News on Indian IT company Jetking Infotrain raising $1.34 million to increase its corporate Bitcoin treasury in 2025.
  • Jetking approves second equity raise of the year, targeting ₹11.5 crore.
  • Funds will be used for Bitcoin purchases, corporate operations, and training.
  • The move follows April’s ₹6.6 crore raise and earlier 12 Bitcoin acquisition.

Jetking Infotrain Ltd. a 77-year-old Indian IT training company, is doubling down on its Bitcoin strategy, announcing a new ₹11.5 crore (~$1.34 million) equity issue to support its expanding Bitcoin treasury and blockchain education initiatives.

On July 21, the company’s board approved a preferential allotment of 460,000 equity shares at ₹250 each to selected non-promoter investors. This is their second and by far the largest funding this year, to deepen its digital asset strategy.

Jetking Moves Deeper into Bitcoin Strategy

According to CFO Siddarth Bharwani, the proceeds will be used to expand the company’s Bitcoin holdings, cover general operational expenses, and scale blockchain education and skill development programs. The offering complies with SEBI (ICDR) Regulations, 2018, and the Companies Act, 2013, and remains subject to regulatory and shareholder approvals.

While the company’s management structure rem…

The post India-listed Jetking Approves Private Placement of 460,000 Shares to Expand Bitcoin Strategy appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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India-listed Jetking Approves Private Placement of 460,000 Shares to Expand Bitcoin Strategy


by Abdulkarim Abdulwahab
for CoinEdition
News on Indian IT company Jetking Infotrain raising $1.34 million to increase its corporate Bitcoin treasury in 2025.
  • Jetking approves second equity raise of the year, targeting ₹11.5 crore.
  • Funds will be used for Bitcoin purchases, corporate operations, and training.
  • The move follows April’s ₹6.6 crore raise and earlier 12 Bitcoin acquisition.

Jetking Infotrain Ltd. a 77-year-old Indian IT training company, is doubling down on its Bitcoin strategy, announcing a new ₹11.5 crore (~$1.34 million) equity issue to support its expanding Bitcoin treasury and blockchain education initiatives.

On July 21, the company’s board approved a preferential allotment of 460,000 equity shares at ₹250 each to selected non-promoter investors. This is their second and by far the largest funding this year, to deepen its digital asset strategy.

Jetking Moves Deeper into Bitcoin Strategy

According to CFO Siddarth Bharwani, the proceeds will be used to expand the company’s Bitcoin holdings, cover general operational expenses, and scale blockchain education and skill development programs. The offering complies with SEBI (ICDR) Regulations, 2018, and the Companies Act, 2013, and remains subject to regulatory and shareholder approvals.

While the company’s management structure rem…

The post India-listed Jetking Approves Private Placement of 460,000 Shares to Expand Bitcoin Strategy appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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We're in the final wave of the bull market, an analyst says. The crypto market is dow...
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