Bitcoin has again dominated Indian headlines after reaching a new all-time high (ATH) of ₹93 lakh (approximately $112K) on May 22, 2025. The jump has prompted increased interest from Indian investors and companies. In the wake of the ATH, NDTV Profit and other national media platforms have started highlighting Indian companies taking big steps in the cryptocurrency arena.
One prominent name is Jetking Infotrain, a Mumbai-based IT training firm. Jetking Infotrain has just raised ₹6.10 crore by a preferential allotment of equity shares involving the issue of 3,96,156 shares at ₹154 per share (including a premium of ₹144). The shareholders and board of the company had authorized this fundraising effort specifically to purchase virtual digital assets, especially Bitcoin.
Following this, the company posted on X that it has bought another 5.9835 BTC for $663,911 (approx. ₹5.52 crore), bought at an average of $110,957 (approx. ₹92.25 lakh) per Bitcoin, just after BTC’s all-time high. Jetking also made known that it has a year-to-date 2025 Bitcoin yield of 31.05%.
Previously, the company held 15.02 Bitcoins as of March 31, 2025. As of May 28, 2025, Jetking stands at holding a total of 21 Bitcoins, purchased for around $1.59 million, at an average rate of $75,801 per BTC (or ₹64.65 lakh per Bitcoin at past rates). Since Bitcoin is trading at around ₹90.79 lakh as of now, Jetking’s crypto assets are now worth at about ₹19.07 crore.
The stock of Jetking also responded positively, going up by 2% to ₹133.60 on the BSE, taking its market capitalisation to ₹78.92 crore. Though it had posted a net loss of ₹1.30 crore in Q4 FY25, the company posted a 25.06% year-on-year growth in net sales to ₹5.44 crore.
With Bitcoin constantly setting new records, Indian businesses such as Jetking are making a strong case for the mass acceptance and adoption of cryptocurrencies in mainstream business plans.
Also Read: U.S. Embraces Bitcoin – India Must Lean In: CoinDCX CEO
