India holds 1 million BTC, 5.1% of the total supply, mostly held by retail investors.

India holds 1 million BTC, 5.1% of the total supply, mostly held by retail investors.

India has recently made a significant milestone in the cryptocurrency landscape by becoming the world's second-largest Bitcoin holder. According to recent data, India now holds approximately 1 million BTC, which accounts for 5.1% of all Bitcoins currently in circulation [1]. This achievement underscores the growing interest and strong presence of the country’s investors in the cryptocurrency market.

The majority of these holdings are believed to be in the hands of retail investors, reflecting a broader trend of increased participation in digital assets. As Bitcoin continues to gain acceptance globally, India’s new status is likely to encourage even more growth in its crypto community.

One notable player driving this growth is Jetking Infotrain, an Indian IT training firm. The company has revealed plans to acquire 21,000 Bitcoin by 2032. Jetking’s strategy involves a disciplined daily accumulation of Bitcoin, known as the “Daily Buy At Any Price” (D-BAAP) model [2]. This approach focuses on long-term value rather than price or timing, and the company currently holds nearly 23 Bitcoin.

Jetking’s ambitious goal positions it to become one of the largest Bitcoin holders in Asia if successful. However, the company faces regulatory challenges in India, where crypto profits are taxed at 30%, and regulatory uncertainty persists. Despite these hurdles, Jetking’s BAAP strategy marks a bold treasury move by an Indian-listed company.

The Indian market's growing interest in Bitcoin is not without risks. Companies choosing crypto treasury strategies must navigate volatility, legal ambiguity, and financial reporting challenges. Jetking has not yet disclosed its risk management strategies as its Bitcoin position grows.

References:
[1] https://coinpedia.org/crypto-live-news/india-becomes-the-worlds-second-largest-bitcoin-holder/
[2] https://www.cryptotimes.io/2025/08/02/indias-jetking-infotrain-aims-to-acquire-21000-bitcoin-by-2032/