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2025-05-09
08:33
Jetking Ltd Adopts Bitcoin as Treasury Asset: Impact on Indian Corporate Crypto Adoption 2024

According to @sidbharwani, CFO of Jetking Ltd, at the Strategy’s World 2025 conference, the 77-year-old Indian education company adopted Bitcoin as a treasury asset following an 80 percent decline in their education business during the Covid pandemic (source: @sidbharwani via Twitter). This strategic shift into Bitcoin highlights growing institutional interest in crypto assets among Indian corporates, signaling increased legitimacy and potential market volume for Bitcoin trading in India. Traders should note this development as it may drive further institutional adoption in emerging markets, potentially influencing BTC liquidity and price trends in the region.

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