Sumit Gupta: Combining traditional and digital gold purchases for Dhanteras

Sumit Gupta: Combining traditional and digital gold purchases for Dhanteras
Gold and Bitcoin purchases for Dhanteras

Sumit Gupta, Sumit Gupta, stated that while purchasing gold on Dhanteras has long been an Indian tradition for him, he began adding Bitcoin—described as digital gold—to his Dhanteras purchases a few years ago.

He shared this personal approach to combining traditional and digital assets during the festival.

Gupta has previously commented on crypto-related government revenues, noting India's collection of ₹1,096 crore in crypto TDS between FY22-23 and FY24-25, with further uncollected amounts since July 2022 reported. He has also recently cited JPMorgan's projection that bitcoin will be the best-performing asset of the decade. These statements reflect his ongoing engagement with both digital assets and the regulatory environment.

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