Jetking Infotrain Share Price Surge by another 10% after Bitcoin Adoption
Today, again Jetking Infotrain share price surge by another 10% and hit the upper circuit of INR 101.55. After the announcement of Bitcoin Treasury Strategy at the Bitcoin Conference in Abu Dhabi by the CEO Avinash Bharwani the price of Jetking Infotrain continues rally and touch the 52 Week High of INR101.55.
MarketCap of Jetking Infotrain Limited
Today, the marketcap of company reached to INR 599.91 Million showing massive growth after the Bitcoin adoption by the company for the treasury asset.
Bitcoin Price
After the price correction to $94561 on Dec.10 the price shows again reversal and bounce back to $100,870 which shows that price of Bitcoin trying to sustain above the level of $100,000.
The recent Bitcoin price surge shows the Bitcoin adoption in massive worldwide and many more enterprises are coming in front to adopt Bitcoin as their Treasury Asset.
Bitcoin Adoption in India
After the Bitcoin adoption by Jetking Infotrain Limited we are expecting that in near future more enterprises will come in front and add Bitcoin in their balance sheet.
It will also show the positive impact for government to adopt Bitcoin and set the regulatory norms and in future we expect that the tax on crypto will lower down as the 30% tax is so high.
https://www.ccn.com/news/business/jetking-india-first-public-company-bitcoin-treasury/
Disclaimer: The content provided here is for educational purposes only and is intended to raise awareness about cryptocurrency and blockchain technology. It should not be considered as financial or investment advice. Before investing in any cryptocurrency or token, we strongly encourage you to conduct thorough research, understand the associated risks, and make informed decisions (DYOR – Do Your Own Research). For detailed guidance, consult a qualified financial advisor.
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