India's Jetking to Reserve 18,000 Bitcoins by 2030

Source
Son Min

Summary

  • Indian IT company Jetking has announced it will hold 18,000 Bitcoins by the end of 2030.
  • Jetking reported that it sees Bitcoin as the most resilient asset and is implementing an official Bitcoin financial strategy.
  • The company emphasized that it will minimize stock dilution and create shareholder value.



The India-based IT company Jetking has announced its intention to hold 18,000 Bitcoins by the end of 2030.

On the 23rd (local time), Siddarth Bharwani, CFO of Jetking, said in an exclusive interview with Coinpedia, "Since March 2022, we have implemented an official Bitcoin financial strategy," adding, "We plan to hold 210 BTC by the end of this year and 18,000 BTC by the end of 2030."

He continued, "Bitcoin is the world's most resilient asset," stating, "We will fund based on capital and continue our reserve strategy that hedges market risk." He also added, "We aim to minimize stock dilution and create value for shareholders."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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