Jetking Plans to Raise $780,000 for Bitcoin Purchases

According to PANews, Next Layer Capital announced on the X platform that Indian publicly traded company Jetking plans to raise $780,000 to further invest in Bitcoin. Blockchain analyst ZachXBT commented on the announcement, questioning its potential market impact given Jetking's market capitalization is approximately $6.6 million. Last year, it was reported that Jetking Ltd became the first publicly listed company in India to adopt a Bitcoin treasury strategy.