#BURNGMT 📊 Bitcoin Fever: Jetking Joins the Club!

🇮🇳 Indian company Jetking saw its stock soar 20% after CEO Avinash Bharwani announced a Bitcoin strategy for their treasury, kicking off with a purchase of 12 $BTC

—the first move of its kind in India. 🚀

🔨 Meanwhile, MARA Holdings bought a whopping 11,774 BTC for $1.1B at $96K per coin, pushing their total stash to 40,435 BTC worth $3.9B. The purchase was funded through zero-coupon convertible bonds.

👀 But not all is rosy: MicroStrategy, a pioneer of corporate Bitcoin adoption, warns in its filings of "significant financial risks" due to BTC’s volatility. A major price drop could hit liquidity hard, with cash access LIMITED. ⚠️📉