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ZEC $260.31 -8.86%

rain

India's IT training company Jetking's CFO reiterates Bitcoin reserve strategy, aiming to hold 18,000 coins by 2030

According to FinanceFeeds, Siddarth Bharwani, Joint Managing Director and Chief Financial Officer of Indian IT vocational training company Jetking Infotrain, stated on February 22 at the "Corporate Bitcoin" event in Las Vegas that the company will firmly advance its Bitcoin-based strategy.Jetking launched its Bitcoin reserve plan at the end of 2024, becoming the first listed company in India to list Bitcoin as a primary reserve asset. It currently holds 21 Bitcoins, valued at approximately $1.4 million, accounting for more than a quarter of the company's total market capitalization. Bharwani stated that this move aims to hedge against the long-term depreciation risk of the Indian Rupee, using Michael Saylor and Strategy as a strategic blueprint. The company's goal is to accumulate 210 Bitcoins by the end of 2026 and expand its holdings to 18,000 Bitcoins by 2030.On the regulatory front, the Bombay Stock Exchange (BSE) recently rejected Jetking's proposal to issue new shares for cryptocurrency investment purposes, citing a lack of a clear framework. However, Bharwani stated that the company is actively responding and views the current resistance as a "regulatory arbitrage opportunity" for early entrants.In addition to balance sheet management, Jetking is also incorporating Bitcoin and blockchain education into its vocational training programs. With over 100 training centers, the company trains 35,000 students annually, aiming to create a "Bitcoin learning ecosystem."Bharwani noted that as the ruling party in India begins discussions on a potential national Bitcoin strategic reserve, Jetking's exploratory practices are expected to provide a reference for the entire Asia-Pacific region.

Gate launches the 2026 Spring Festival celebration, with a million red envelope rain to celebrate the New Year, and a horse racing betting share of 100,000 USDT

According to official news, Gate will launch the "Gate 2026 Spring Festival Celebration" from February 9, 20:00 to March 1, 20:00 (UTC+8). During the event, users can participate in a million red envelope rain and horse racing guessing carnival activities to win GT red envelopes and USDT rewards, sharing the New Year's good fortune.This event includes two major activities:Million Red Envelope Rain Activity: During the event, from 12:00 to 15:00 and 16:00 to 19:00 (UTC+8) each day, users can enter the event page and input the red envelope password announced by the official to participate in grabbing red envelopes, sharing a total of 1,000 GT red envelopes; an additional 200 GT luck red envelopes will be given out at 0:00 on February 17 (New Year's Eve). New users who register through exclusive links from partners or agents can also unlock co-branded new user red envelope benefits.Spring Racing Grand Prix: Users can sign up and complete designated tasks to receive racing tickets, which can be used to guess the racing results of six cryptocurrency pairs: BTC, ETH, GT, XAU, SOL, and DOGE. During the event, a round of horse racing will be held every 2 days, with a single round unlocking a maximum prize pool of 10,000 USDT, and the total prize pool for the event reaching up to 100,000 USDT. The racing results will be determined by a combination of random mechanisms and market performance, and users can share the corresponding prize pool based on the number of racing tickets they invest, according to the ranking of the winning horses.In addition, the event also sets up the "Immediate Success Leaderboard," where the top 50 users can additionally share 5,000 USDT and have the chance to receive Gate Spring Festival gift cards and 100g gold rewards.
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