does berkshire hathaway invest in bitcoin

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Warren Buffett doesn’t believe in Bitcoin, won’t buy it even at $25. Read here. The billionaire finance guru Warren Buffett, who complained recently that he did not know where to put his money, said cryptocurrencies are not being a productive asset and said he wouldn’t buy the whole of bitcoin even for 25 US dollars.

 

Why Warren Buffett does not invest in bitcoin?

According to Buffett, he does not believe in investing in bitcoin as it does not produce anything. An asset, he added, has a real value only if it can deliver something to somebody.

 

Does Bill Gates hold bitcoin?

During an ‘Ask Me Anything’ exchange on Reddit, Mr Gates said he does not own any cryptocurrency. Mr Gates, the fourth-richest person in the world, said he does not see any value in crypto investments. He also expressed his views on several other topics, such as whether billionaires should pay more taxes.

 

What does Warren Buffett say about investing in bitcoin?

Most famously, Buffett said bitcoin is “probably rat poison squared.” Munger doubled down on that sentiment Saturday. “In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three,” Munger said.

 

Why does Buffett hate crypto?

Speaking at a Berkshire Hathaway annual shareholder meeting, the billionaire claimed that cryptocurrency is not a productive asset and it doesn’t produce anything tangible.

 

Does Warren Buffet like crypto?

Buffett has long been against cryptocurrencies. He told CNBC in 2018 that “they will come to a bad ending” and said that Berkshire Hathaway will “never have a position in them.” “I get into enough trouble with the things I think I know something about,” he said at the time.

 

 

 

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