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Jetking Infotrain acquires 21 Bitcoins after raising funds via preferential issue
Jetking Infotrain announced that it has successfully completed a preferential allotment of equity shares, raising Rs 6.10 crore.
The funds have been fully deployed towards the acquisition of virtual digital assets, specifically Bitcoin, in line with the stated objective of the issue.
According to the regulatory filing, the company allotted 3,96,156 equity shares at Rs 154 per share (including a Rs 144 premium), under the preferential route approved by its board and shareholders.
The proceeds, along with internal accruals, were used to expand Jetking's crypto holdings. As of 28 May 2025, the company holds 21 Bitcoins, purchased at an average price of Rs 64.65 lakh each. This marks a sharp increase from the 15.02 Bitcoins recorded on its balance sheet as of 31 March 2025.
