• Jetking becomes India’s first publicly traded company to adopt the Bitcoin Standard, following a strategy inspired by MicroStrategy.
• Bitcoin’s price surged from $95,000 to $97,500 following the announcement.

Jetking, a publicly traded company in India, now becomes the first Indian corporation to adopt the Bitcoin Standard. This decision aligns with the growing trend of institutional Bitcoin adoption rates, marking a great shift in India’s corporate finance landscape.

Michael Saylor, CEO of Strategy and Bitcoin Maximalist publicly applauded Jetking’s move. He describes it as a forward-thinking strategy which reflects the future of corporate treasury management.

“Jetking’s decision mirrors what we’ve done at MicroStrategy—adopting Bitcoin as a core financial asset. I believe it’s a wise move that will pay off in the long run,” Saylor stated during an exclusive interview.

On February 9, 2025, Jetking’s CFO, Siddarth Bharwani, announced the company’s transition to the Bitcoin Standard during an interview with Saylor. He mentioned that Bitcoin is not just a speculative asset but a powerful tool for financial resilience.

“Bitcoin is a long-term asset that will help us build a financially resilient future,” Bharwani stated.

Siddharth also credited Saylor’s approach as an influence in Jetking’s decision.

“We’ve studied the playbook of companies like MicroStrategy, who have paved the way for Bitcoin adoption at a corporate level. Their strategy has proven successful, and we believe it is the right path for us as well,” he added.

Market Reaction to Jetking’s Bitcoin Adoption

Jetking’s Bitcoin adoption influenced an immediate reaction on the market. Bitcoin’s price surgedfrom $95,000 to $97,500 within just one hour, reflecting strong investor confidence.


Source: Messari

Trading activity on major exchanges also spiked as well. Binance and Coinbase recorded a 20% increase in trading volume, with over 35,000 BTC changing hands within hours.

India’s leading exchange, WazirX, experienced a 15% jump in Bitcoin trading, which explains growing enthusiasm for corporate crypto adoption in India.

Saylor, who has championed institutional Bitcoin adoption for years, sees this as a defining moment for India’s financial sector.

“India is entering the next phase of financial evolution. Jetking’s move is a signal that Bitcoin is no longer just an asset for traders but a serious financial instrument for corporations,” Saylor remarked.

Jetking’s Corporate Bitcoin Adoption Influences India’s Crypto Evolution

The development by Jetking will set a standard for other institutions and publicly listed companies in India to adopt Bitcoin and cryptocurrencies. Although the Indian government has been cautious with digital assets, Institutional leaders now gradually recognize Bitcoin’s role in long term financial strategy.

While corporate adoption gains attention, Jetking’s move will encourage more businesses to consider Bitcoin as a reserve asset. This will reshape India’s crypto ecosystem and integrate digital assets into mainstream corporate finances.

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