CandleFocus Jetking Infotrain Adds 12 BTC to Balance Sheet : First Indian Company to Adopt Bitcoin Strategy
2024-12-09
Author: Content Editor
Indian company Jetking Infotrain has become the first publicly listed company in India to adopt the Bitcoin Treasury Strategy by adding 12 Bitcoin to its balance sheet. This move highlights growing interest in Bitcoin among businesses and signifies a shift towards using cryptocurrency as a reserve asset. The Bitcoin Treasury Strategy involves holding Bitcoin in reserves instead of traditional assets like cash or bonds. Jetking's decision could encourage other companies in India to follow suit, as more businesses see Bitcoin as a way to protect value against inflation and potentially outperform other investments.
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