Jasmine International PCL (JAS.BK) is a prominent public company based in Thailand, recognized for its significant contributions to the telecommunications and technology sectors. Established in 1982, Jasmine International has evolved from an engineering consultancy into a diversified technology powerhouse, with a strong presence in broadband internet, data center services, and digital infrastructure. The company’s forward-thinking approach has positioned it as a leader in Thailand’s digital transformation, catering to millions of customers and driving innovation across the region jasmine.com.

In recent years, Jasmine International has embraced Bitcoin as a strategic asset, reflecting a growing trend among global technology firms. The company’s investment thesis centers on Bitcoin’s potential as a store of value and a hedge against inflation, as well as its role in the broader digital economy. By integrating Bitcoin into its treasury strategy, Jasmine International aims to enhance shareholder value and diversify its balance sheet, while also leveraging its expertise in data centers and digital infrastructure to support Bitcoin-related operations kaohoon.com.

Jasmine International’s market position is further strengthened by its subsidiary, Jasmine Technology Solution Public Company Limited (JTS), which has become a key player in the Bitcoin mining industry. This strategic move not only diversifies the company’s revenue streams but also underscores its commitment to staying at the forefront of technological innovation in Southeast Asia.

Recent Developments

Jasmine International has made notable strides in expanding its Bitcoin holdings and related activities. Key recent developments include:

• December 31, 2024: Jasmine International added 172.96 BTC to its balance sheet, as reported in its financial statement. This acquisition highlights the company’s ongoing commitment to increasing its Bitcoin reserves.
  Source: SET Financial Statement

• September 30, 2024: The company, together with its subsidiary JTS, acquired 333.49 BTC. This move further solidifies Jasmine International’s position as one of the leading public companies in Thailand with significant Bitcoin exposure.
  Source: SET Financial Statement

• Strategic Expansion into Bitcoin Mining: Jasmine Technology Solution (JTS), under the Jasmine International group, has aggressively expanded into the Bitcoin mining sector. Leveraging its expertise in high-standard data center services and strong partnerships, JTS aims to capitalize on the global shift towards decentralized digital assets and computational processing kaohoon.com.

• Total Cost Basis: As of the latest reports, Jasmine International’s total cost basis for its Bitcoin holdings stands at $37,810,822, reflecting a substantial commitment to this digital asset class.

Jasmine International’s proactive approach to Bitcoin investment and mining underscores its vision to remain at the cutting edge of technology and finance in Thailand and the broader Southeast Asian market. With a robust infrastructure and a clear strategic direction, the company is well-positioned to benefit from the ongoing evolution of the Bitcoin ecosystem.