PANews reported on April 2 that Next Layer Capital tweeted on X platform that the Indian listed company Jetking plans to raise $780,000 for further Bitcoin purchases.
On-chain detective ZachXBT commented that Jetking's market value is only about $6.6 million, questioning the actual market impact of its announcement.
It was previously reported that Jetking Ltd became the first listed company in India to adopt a Bitcoin treasury strategy.