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Jetking's AGM to address Bitcoin share listing block amid ongoing crypto strategy review

Market News
24 Sep 2026
TheNewsCrypto
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Bearish
Jetking's AGM to address Bitcoin share listing block amid ongoing crypto strategy review

Jetking Infotrain will hold its AGM on September 29, 2026, marking its first shareholder meeting since the Securities Appellate Tribunal blocked the listing of shares issued to fund Bitcoin purchases. The company continues to evaluate the ruling's impact while maintaining its broader Bitcoin treasury and overseas crypto plans, including a UAE subsidiary focused on virtual digital assets. The blocked share listing restricts Jetking's ability to fund Bitcoin acquisitions through equity sales in India's listed market, posing challenges to its public Bitcoin strategy. Meanwhile, Jetking reported a loss for FY26, with IT training remaining its core business as shareholders prepare for the meeting.

Jetking Bitcoin strategy faces scrutiny ahead of its AGM, providing context for readers following cryptocurrencies on Pluang. As of Sep 24, 2026 22:22 WIB, 34 of 50 major cryptocurrencies rose while 15 fell. Ethereum Classic (ETC) led with a 14.55% increase at Rp180.008 and a typical hold time of 67 days, contrasting with Balancer (BAL) at Rp16.297, up 11.14% with a longer hold time of 85 days, and Compound (COMP) at Rp427.479, which rose 8.29% and shows a balanced Pluang order activity of 49% sell and 51% buy.

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