Bitcoin News Today: Jetking Secures ₹11.5 Crore for Bitcoin Expansion and Blockchain Training

Generated by AI AgentCoin World
Monday, Jul 21, 2025 9:42 pm ET1min read
Aime RobotAime Summary

- Jetking Infotrain Ltd. raised ₹11.5 crore via equity issue to expand Bitcoin holdings and blockchain training.

- Funds will boost Bitcoin reserves, operational costs, and skill development programs in India.

- The move follows a prior ₹6.6 crore raise and aims to leverage Bitcoin’s $119,000 surge for growth.

- New investors join without altering management, supporting Jetking’s digital finance strategy.

- The company aims to capitalize on rising crypto adoption and institutional confidence in digital assets.

Jetking Infotrain Ltd. has secured shareholder approval for a ₹11.5 crore equity issue, marking a significant move to expand its

holdings and enhance its blockchain training programs. This strategic decision underscores the company's commitment to integrating digital assets into its core business model.

The equity issue involves the preferential allotment of 460,000 equity shares at ₹250 each. This capital infusion is specifically earmarked to increase the company’s Bitcoin reserves, fund operational costs, and scale blockchain-focused training initiatives. Jetking’s move aligns with its strategic vision to deepen its footprint in the

ecosystem and elevate its educational offerings in blockchain technology.

This latest funding round builds on a previous ₹6.6 crore raise in April 2025, where Jetking issued 428,622 shares at ₹154 each. Both rounds have been directed toward acquiring digital assets and bolstering blockchain skill development programs, demonstrating a clear and consistent commitment to the crypto sector. Notably, Jetking’s December 2024 purchase of 12 Bitcoins valued at approximately $1.2 million positioned the company as a pioneer among Indian IT training firms diversifying into cryptocurrency.

The preferential allotment will introduce new non-promoter investors, potentially altering the shareholding structure without affecting the existing management team. This approach ensures operational continuity while providing the necessary capital to support Jetking’s evolving digital strategy. The company’s focus remains on leveraging Bitcoin’s market strength and expanding its blockchain education platform to meet growing demand for crypto literacy in India’s tech ecosystem.

Bitcoin’s surge past $119,000 reflects heightened institutional confidence and growing adoption of digital assets worldwide. Jetking’s proactive capital raises and Bitcoin acquisitions position it advantageously to benefit from this trend. By integrating cryptocurrency holdings with educational initiatives, Jetking is not only diversifying its asset base but also fostering a skilled workforce capable of navigating the complexities of blockchain technology.

Jetking’s ₹11.5 crore equity issue marks a significant step in its strategic journey to embed cryptocurrency and blockchain education into its core operations. With a stable management team and a clear focus on expanding Bitcoin reserves and training programs, the company is well-positioned to capitalize on the burgeoning digital finance sector in India. This measured approach reflects Jetking’s commitment to sustainable growth and innovation within the evolving crypto landscape.

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