With a market capitalization of $5 million and annual sales of $2 million, Jetking is positioning Bitcoin as its primary treasury reserve asset.

This strategic move reflects a broader trend among businesses exploring Bitcoin as a viable investment and reserve asset, potentially encouraging other Indian companies to follow suit.

Globally, there is a growing corporate interest in Bitcoin as a hedge against inflation, with firms like MicroStrategy leading the way.

Jetking Infotrain has made history as the first publicly listed company in India to implement the Bitcoin Treasury Strategy, marking a significant shift in corporate investment approaches.

The company recently announced the acquisition of 12 Bitcoin, valued at approximately $1.2 million, which constitutes over 26% of its nearly $4.5 million market capitalization.

The popularity of the Bitcoin Treasury Strategy has surged following MicroStrategy's significant investments, which have resulted in substantial stock growth.

CEO Avinash Bharwani revealed this strategy during an interview at the Bitcoin Conference MENA in Abu Dhabi, emphasizing the goal of enhancing long-term share prices.

Jetking's bold move may inspire a new era of Bitcoin adoption in the corporate sector, contrasting with the historically cautious stance of Indian businesses.

Jetking's announcement coincided with notable developments in the cryptocurrency market, including MicroStrategy's purchase of an additional 21,550 BTC.

The Bitcoin Treasury Strategy involves companies holding Bitcoin as a reserve asset, contrasting with traditional assets like cash or bonds.

Bharwani also highlighted the importance of regulatory clarity for legally holding Bitcoin on company balance sheets, as tax reporting for Bitcoin gains is still under development.

Suril Desai, a prominent crypto lawyer, is actively discussing with regulators the formalization of Bitcoin holdings in company treasuries, building on his previous efforts to lift a ban on banks facilitating crypto transactions in India.