Jetking Approves ₹11.5 Crore Equity Issue to Potentially Expand Bitcoin Holdings and Blockchain Training
Main Idea
Jetking raises ₹11.5 crore through an equity issue to expand its Bitcoin holdings and blockchain training initiatives, reflecting its long-term strategy in the crypto sector.
Key Points
1. Jetking allotted 460,000 equity shares at ₹250 each, totaling ₹11.5 crore, to boost Bitcoin assets and blockchain training programs.
2. This follows an earlier ₹6.6 crore equity raise in April 2025, indicating consistent capital injections into the crypto sector.
3. Jetking previously purchased 12 Bitcoins in December 2024, showcasing its strategic diversification into cryptocurrency.
4. The preferential allotment introduces new non-promoter investors to support Jetking's digital strategy.
5. The company aims to leverage Bitcoin's market strength and expand its skilled workforce in blockchain and digital finance.
Description
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