Jetking Infotrain: Satta on Bitcoin became a jackpot, money doubled in 3 months – Share hit 13th upper circuit consecutively
A small IT training company of Mumbai, Jetking Infotrain has made such a splash in the share market that now every investor’s eyes are fixed on it. The share of this microcap firm has gained 135.7% in just 3 months from April to July. On Thursday also the share closed on the upper circuit by gaining 2%, and this became the 13th upper circuit of this month. Jetking has surprised everyone by investing a large part of its treasury in Bitcoin – and this risk is now proving to be a jackpot.
🚀 Money Doubled in 3 Months, Return of 309% in 12 Months!
On April 11, Jetking shares were trading around ₹ 99.89. But now it has reached a 52-week high of ₹ 235.40. In just 3 months, the money has almost doubled. If we look at the return of the whole year, it has gone up to 309.4% – no less than a dream rally for a small company.
The market capitalization of the company has now reached ₹ 139.06 crore. Behind this meteoric rise, there is no new contract or product, but a bold decision – investment in Bitcoin.
💹 Big Dawg in Bitcoin – 21 BTC on Company’s Balance Sheet
Jetking decided to convert its treasury into crypto assets by the end of 2023. After that, the company made Bitcoin its primary treasury reserve asset. While most listed companies in India stay away from crypto, Jetking chose a different way.
In early 2024, Jetking raised ₹6.10 crore through preferential allotment – by selling 3.96 lakh shares at ₹154 per share. The company invested this money, plus internal accruals, in buying Bitcoin.
As of March 31, 2025, the company had 15.02 Bitcoins.
By May 28, this number reached 21 Bitcoins.
Their average purchase price was ₹64.65 lakh per BTC.
According to today’s Bitcoin price of $118,631.29, the value of Jetking’s Bitcoin holdings has reached ₹21.40 crore – which is more than 15% of the company’s total market cap!
📉 Fundamentals are Weak Now – Loss is Loss in Core Business
Jetking’s real work is to provide IT hardware training. But growth is very limited there:
Sales in the March 2025 quarter were ₹5.4 crore, which is slightly better than ₹4.4 crore last year.
But the company is still not in profit – net loss came to ₹1.3 crore, while there was a loss of ₹0.6 crore in March 2024.
This means that the rally of the stock is not based on fundamentals, but on the craze of Bitcoin.
📊 Continuous Upper Circuit – Became a new favorite of traders
For the last few weeks, Jetking’s stock has been continuously setting daily upper circuits of 2%. Very few days have come when the share has seen a fall. It has become a “momentum stock” in the trading community – driven more by sentiment and speculation than news or fundamentals.
🔍 India’s Tesla Moment? Crypto Strategy Gave Teji a Flight
This jetting strategy is being compared to Elon Musk’s Tesla, which added Bitcoin to its balance sheet in 2021. But it is very unusual in India – especially for a microcap company.
The regulation on crypto in India is still unclear. Big companies here so far stay away from assets like Bitcoin. In such a situation, this bet of jetking was also risky – but looking at the results so far, it seems that this decision has become a gold mine for them.
🔮 What will happen next?
It is true that the future of Jetking shares is also linked to the price of Bitcoin. If the crypto market goes down, Jetking shares can also see a sharp correction. But as long as Bitcoin is rallying, Jetking will remain a high-risk, high-reward play for investors.
Jetking has proved that if the strategy is bold, even small companies can make headlines. Now it remains to be seen whether this rally sustains, or this bubble also bursts along with Bitcoin.
📌 Disclaimer: Crypto and stock market both are high-risk investment options. Before investing in such shares, definitely take advice from your financial advisor.