News
IMPORTANT UPDATE
Being the first Bitcoin treasury company in India comes with its own challenges. Our recent preferential allotment plans hit a pause as listing approval faced regulatory headwinds around digital asset investments. Even after receiving in principle approvals, a backtrack of such a decision is unprecedented. While the regulatory framework matures, we don’t intend to stop.
Some key actions points over the next quarter,
* Active engagement with regulators to bridge gaps between VDA and Capital Markets.
* Improve operational business to allocate free cash to BTC
* Exploring potential offshore structures
* Accelerate real estate asset sale
* Considering non-equity instruments
We at @JetkingLtd remain focused on increasing Sats per share and BTC even if quantum is small.
Stay tuned…
https://economictimes.indiatimes.com/markets/cryptocurrency/reality-check-for-vda-bets-leaves-crypto-treasuries-out-in-the-cold/articleshow/124176302.cms?from=md