Jetking Infotrain acquires 12 BTC: The 1st Indian company to adopt Bitcoin as a treasury asset

Jetking Infotrain acquires 12 BTC: The first Indian company to adopt Bitcoin as a treasury asset

Jetking Infotrain, one of the leading training companies in India, has taken a bold step by acquiring 12 BTC, becoming the first public company in the country to adopt cryptocurrencies as part of its financial strategy.

This investment, which has become a milestone in the Indian crypto ecosystem, marks the beginning of a new era of institutional adoption of Bitcoin in the country. Jetking Infotrain, a company specializing in computer networks, has decided to incorporate Bitcoin as part of its treasury management strategy, thus demonstrating its confidence in the market-leading cryptocurrency.

Jetking Infotrain's decision to invest in Bitcoin is not simply a symbolic gesture; it represents A clear commitment to blockchain technology and cryptocurrencies as viable and secure financial tools

Recognized for its innovative approach to training IT professionals, Jetking Infotrain is reaffirming its commitment to the technological forefront by acquiring 12 BTC through a regulated exchange platform, thereby ensuring transparency and security of the transaction. This investment in Bitcoin can also serve as a catalyst for other Indian companies to consider cryptocurrency adoption, thereby fostering a more robust and diversified ecosystem.

Jetking Infotrain's investment in Bitcoin

Jetking Infotrain has stated that the decision to acquire BTC is based on its belief that the leading cryptocurrency is a disruptive technology that is transforming the global financial landscapeThus, the volatility of the traditional market and the search for more stable investment alternatives have led the company to consider Bitcoin as an attractive option.

At X, the company highlighted its entry into the Bitcoin market, sharing a brief message: “Slowly. Then, suddenly”.

This phrase encapsulates the dynamic and surprising nature of the cryptocurrency world, where changes can be subtle before becoming significant movements.

Source: X – @JetkingLtd

Jetking Infotrain's entry into the crypto ecosystem reflects the growing trend among companies seeking to diversify their investments and underlines the confidence in these emerging technologies, amid the growth of the Bitcoin price, which has reached record levels above $100.000 per unit. 

By adopting Bitcoin, Jetking Infotrain joins a business community that increasingly recognizes the potential of cryptocurrencies as innovative financial tools. 

MicroStrategy and Genius Group continue to accumulate bitcoins

While Jetking Infotrain is taking its first steps into the world of cryptocurrencies, other companies around the world have consolidated their investment strategies in Bitcoin. Two of the most prominent players in this regard are MicroStrategy and Genius Group, which have demonstrated a firm belief in the market-leading cryptocurrency.

MicroStrategy, an enterprise software company, has been one of the pioneers in institutional adoption of Bitcoin. Since 2020, the company has acquired a total of 423.650 BTC. Recently, the company announced a new investment in BTC, acquiring 21.550 BTC for a total of $2.100 billion. 

MicroStrategy’s strategy has been clear: convert its cash reserves into Bitcoin, considering it a safer and more profitable reserve asset than fiat currencies. MicroStrategy’s decision has had a significant impact on the market, inspiring other companies to follow suit.

Source: X – @saylor

Genius Group, for its part, has adopted a similar strategy, albeit on a more modest scale. The NYSE-listed company, has acquired 194 BTC to date, making a total investment of $18 million dollarsHowever, what stands out in the case of Genius Group is its long-term commitment to Bitcoin. The company has announced that it intends to convert 90% of its current and future cash reserves into BTC, thereby demonstrating its confidence in the cryptocurrency as a store of value asset.

Genius Group’s strategy reflects a growing trend among companies seeking to diversify their portfolios and protect themselves against inflation and volatility in the traditional market. Adopting Bitcoin as part of a treasury strategy not only provides an attractive investment alternative, but can also improve companies’ financial position in the long term.

The rise of interest in Bitcoin

The recent adoption of Bitcoin by Jetking Infotrain and recurring purchases by MicroStrategy and Genius Group is just one example of a broader shift in the perception and use of this cryptocurrency. In recent years, interest in Bitcoin has grown exponentially, both in the private and public sectors. Companies across a range of industries, from technology to finance, have begun to explore the possibilities offered by Bitcoin, recognising its potential as a store of value and a tool for diversification.

At the government level, several countries have taken steps to regulate and encourage the use of cryptocurrencies. For example, El Salvador became the first country to adopt Bitcoin as legal tender in 2021, sparking a global debate about the role of cryptocurrencies in national financial systems. Others, such as the United States, Brazil, and Russia, are considering creating a Bitcoin-based strategic reserve.

On the other hand, traditional market volatility and concerns about inflation have led many companies and governments to seek more stable alternatives, driving the growing acceptance of Bitcoin as a reserve asset and diversification tool. In this context, Bitcoin, with its limited supply and decentralized nature, presents itself as an attractive option. Furthermore, the blockchain technology underlying Bitcoin offers a number of advantages, such as transparency, security and efficiency, which can revolutionize various sectors, from finance to logistics and government.

Given the above, the adoption of Bitcoin by Jetking Infotrain, MicroStrategy and Genius Group is a reflection of a paradigm shift in the financial world. As the cryptocurrency continues to evolve and mature, its role as a reserve asset and diversification tool is becoming stronger and more important in the global financial landscape.

But, Jetking Infotrain's interest goes beyond its recent investment in Bitcoin. Recently, the company has also expressed support for decentralized finance (DeFi), highlighting on X the potential of this digital ecosystem to transform traditional financial systems. On the social network, mentioned that DeFi allows users to trade, lend and borrow without the need for intermediaries, and that it promotes more equitable and efficient access to financial services.