On February 22, 2026, Siddarth Bharwani, the Joint Managing Director and Chief Financial Officer of Jetking Infotrain, confirmed that the Indian IT training giant is continuing its “unwavering” pursuit of the Bitcoin Standard. Speaking at the “Bitcoin for Corporations” event in Las Vegas, Bharwani detailed how the 77-year-old firm has successfully transitioned its treasury from traditional cash reserves to a digital-first strategy. Since quietly starting its journey in late 2024, Jetking has become India’s first publicly listed company to designate Bitcoin as its primary reserve asset, a move that Bharwani argues is essential to protect the company’s capital against the long-term devaluation of the Indian Rupee. As of the latest filings, Jetking has increased its holdings to 21 BTC, worth approximately 1.4 million dollars, representing over a quarter of the company’s total market value. The CFO emphasized that despite the volatility that saw Bitcoin recently dip below 66,000 dollars, the firm remains focused on its long-term objective of acquiring 210 Bitcoin by the end of 2026 and a massive 18,000 Bitcoin by the year 2030.
Navigating Regulatory Hurdles and the “Saylor” Comparison in India
The path to building a corporate Bitcoin reserve in India has been fraught with unique regulatory and institutional challenges, which Bharwani described as a test of the firm’s conviction. The Bombay Stock Exchange (BSE) recently rejected a proposal from Jetking to issue new shares specifically for the purpose of crypto investment, citing a lack of a clear framework for such activities. However, the CFO revealed that the company is actively challenging these decisions, viewing the current friction as a “regulatory arbitrage opportunity” that will eventually favor early adopters. Bharwani noted that Jetking’s strategy is heavily inspired by Michael Saylor and Strategy in the United States, arguing that a modest market cap should not prevent a company from adopting a world-class treasury asset. This stance has invited both mockery from on-chain sleuths and praise from Bitcoin maximalists, yet the CFO maintains that the risk of holding traditional fiat currency far outweighs the perceived volatility of the digital asset market.
Integrating Bitcoin Education into the National Skill Development Mission
Beyond simple balance sheet management, Jetking is leveraging its status as a leader in vocational training to integrate Bitcoin and blockchain education into its national curriculum. With over 100 centers across India training 35,000 students annually, the company is positioning itself as the primary gateway for the next generation of Indian tech talent to enter the decentralized economy. Bharwani stated that the firm’s foray into Bitcoin is not just a financial play but a “holistic commitment” to the technology, which includes teaching Indian regulators about the mechanics of the network. By shifting its focus toward blockchain and cybersecurity training, Jetking aims to create a “Bitcoin learning ecosystem” that supports the broader national goals of digital literacy and economic resilience. As the Indian ruling party begins a national conversation regarding a potential strategic Bitcoin reserve, Jetking’s early and public adoption serves as a high-profile case study for the entire APAC region, demonstrating how traditional businesses can successfully reinvent themselves for the “on-chain” era.
