Billionaire Nikhil Kamath Plans to Explore Bitcoin in 2026

Indian Billionaire Nikhil Kamath's Stance on Bitcoin

In a recent conversation with CoinDCX CEO Sumit Gupta, Indian billionaire Nikhil Kamath disclosed that he currently holds no Bitcoin and has never invested in cryptocurrencies. Despite engaging with influential global leaders and blockchain experts, Kamath admits that his understanding of Bitcoin remains limited. He plans to delve deeper into the cryptocurrency space by 2026.

Insights from Global Conversations

Kamath has interacted with prominent figures like Elon Musk and Ray Dalio through his WTF podcast. Although these discussions often touch upon blockchain and cryptocurrencies, Kamath acknowledges that he is not yet well-versed in the subject.

Unexpected Revelations

During an exchange on X, Kamath reiterated his lack of Bitcoin exposure, stating, "I hold none, never have, honestly don’t know enough to comment, would love to take some time and learn more about it next year…" This admission surprised many, given his significant influence and wealth in the business world.

India's Cautious Approach to Cryptocurrency

Kamath's cautious stance reflects India's broader regulatory landscape, where the government has yet to establish clear rules for cryptocurrencies. Despite promises of comprehensive regulation, crypto gains remain subject to a hefty 30% tax, which may deter investment in digital assets.