Bitcoin, Jetking, and Stock Prices: A New Era for Indian Companies?

Jetking Infotrain's Bitcoin strategy has sent its stock soaring, raising questions about crypto regulation and the future of corporate treasuries in India.

Bitcoin, Jetking, and Stock Prices: A New Era for Indian Companies?

Jetking Infotrain, an Indian IT company, has seen its stock price skyrocket after adopting Bitcoin as a treasury reserve asset. This move has sparked discussions about crypto regulation and the potential for other companies to follow suit.

Jetking's Bitcoin Bet Pays Off

In December 2024, Jetking Infotrain made a bold move by embracing Bitcoin as its primary treasury reserve asset. Since then, the company has actively purchased Bitcoin, demonstrating a renewed approach to financial policies. As of May 2025, Jetking held 21 bitcoins acquired at an average purchase price of $75,291, valued at $15.8 million. This strategic accumulation has resulted in a 31.05% year-to-date return in 2025.

Stock Price Surge

Jetking's stock price has experienced a remarkable surge following its Bitcoin investment strategy. The stock is currently at 201.10 INR, marking a notable increase of 1.98% over the past day. Over the past six months, Jetking’s stock has surged an impressive 94% following its Bitcoin acquisition strategy. This surge has captured the attention of investors and industry observers alike.

Crypto Regulation Uncertainty in India

Despite Jetking's success, India's lack of clear crypto regulation is holding other companies back. The Supreme Court of India has expressed concerns about the absence of a legal framework for crypto, urging the government to take action. This uncertainty hinders individuals and institutions from adopting Bitcoin, potentially stifling innovation and investment in the country.

The Future of Bitcoin Treasuries in India

Jetking's strategic BTC accumulation and its stock's subsequent growth are poised to attract other public companies to invest in crypto. If India introduces a crypto-friendly environment, the country would be an ideal location for Bitcoin mining due to its vast energy resources. The potential for India to become a hub for Bitcoin treasury companies is significant, but regulatory clarity is crucial.

Inspired by Michael Saylor

Jetking's pivot to Bitcoin was inspired by Michael Saylor, the CEO of MicroStrategy, who is known for turning Bitcoin into a corporate asset. Jetking has shifted its treasury strategy, aiming to accumulate 18,000 BTC by 2030. This ambitious goal demonstrates the company's long-term commitment to Bitcoin as a strategic asset.

Personal Take

It's fascinating to see a company like Jetking take such a bold step into the world of Bitcoin. Their success story could pave the way for other Indian companies to explore the potential of cryptocurrencies as treasury assets. However, the Indian government needs to provide a clear regulatory framework to foster innovation and protect investors. If India can create a crypto-friendly environment, it could unlock significant economic opportunities and attract substantial investment.

Conclusion

Jetking's Bitcoin journey is a testament to the potential of cryptocurrencies in the corporate world. Whether this inspires other Indian companies to dive into the Bitcoin pool remains to be seen, but one thing's for sure: it's going to be an interesting ride! Will they sink or swim? Only time will tell!