India’s Jetking Targets 21,000 Bitcoin By 2032 As CFO Foresees $1M+ Price

In a bold move, India’s Jetking has announced an ambitious target of acquiring 21,000 Bitcoins by 2032. CFO Siddarth Bharwani predicts that the Bitcoin price will hit a staggering $1 million by then.

Jetking To Buy 21,000

In a recent interview with Crypto India, India’s prominent IT training institute, Jetking Infotrain, has revealed that the platform is set to accumulate a massive 21,000 Bitcoins by 2032. CFO Siddarth Bharwani stated,

By 2032, we want to aim at…21,000. At any given point of time, this adoption ramps up, then of course, we will relook at our targets. But right now, these are numbers we are working with.

In addition, CFO Bharwani shared a highly bullish perspective on Bitcoin, forecasting that the BTC price will reach $1 million or above by 2032. He cited,

We want to keep our milestones based on the cycles that come in. 2032 is going to be the second cycle. 2028 will be the next halving. In 2032, Bitcoin will become inaccessible in terms of price. It’s slightly speculative to say what price will be..But I personally feel it will be anywhere between a million dollars…about 10,00,00,000 rupees.

Further commenting on the inaccessibility of BTC in the future, he stated, “And there’s no Bitcoin, it will be sold. Satoshis will be sold, and Satoshis is what people will end up trading, and that will become your unit of investment.”

Significantly, Jetking is India’s first publicly traded platform to adopt Bitcoin. Bharwani recently disclosed that the company made its most recent Bitcoin purchase on May 28, 2025, acquiring 5.98 BTC for $617,143 at an average price of $103,200 per BTC.

As of May 28, Jetking’s Bitcoin holdings stood at 21 BTC, purchased at an average price of $75,291 and valued at $15.8 million, with a year-to-date return of 31.05% in 2025. As CoinGape reported recently, this Bitcoin accumulation strategy has paid off with Jetking’s stock price skyrocketing by 94%.

Daily Buy At Any Price Strategy

Interestingly, Bharwani shared an X post recently, announcing Jetking’s new Bitcoin accumulation strategy called “D-BAAP” (Daily Buy At Any Price). According to the scheme, they allocate excess funds from their operating business to buy Bitcoin every day at the close of business hours, regardless of the price.

At @jetkingltd we have gone full D-BAAP mode :
Daily Buy At Any Price.

Everyday at close of business hours we allocate excess from our operating business to Bitcoin.

Doesn’t matter the price. No speculation. No timing. Just turning excess fiat into BITCOIN.

We now HODL 23…

— Siddarth ₿harwani (@sidbharwani) July 10, 2025

They stated that this approach is not based on speculation or market timing, but rather a consistent effort to convert excess fiat currency into Bitcoin. As a result, Jetking now holds 23 Bitcoins. He added, “When you like something, you want to buy it at any price. We established this ‘daily buying’ in April…It is our duty to keep buying Bitcoins…We’ll buy Bitcoin at every price from here onwards.”