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Although Berkshire Hathaway has invested heavily in Bitcoin-related Brazilian fintech company Nu Holdings, which has its own cryptocurrency called Nucoin, it’s possible Buffett will never come ...
At year end 2021, Berkshire Hathaway Energy owns 7.7% of Chinese electric vehicle manufacturer BYD Company, and Berkshire Hathaway owns approximately 6% stakes in five major Japanese conglomerates, ITOCHU Corporation, Mitsubishi Corporation, Marubeni Corporation, Sumitomo Corporation and Mitsui & Co., Ltd. [79]
In 2018, billionaire investment guru Warren Buffett said his Berkshire Hathaway firm "will never have a position" in cryptocurrency. Four years later, the Oracle of Omaha is as sour on crypto as he...
Warren Edward Buffett (/ ˈ b ʌ f ɪ t / BUF-it; born August 30, 1930) [2] is an American investor and philanthropist who currently serves as the chairman and CEO of Berkshire Hathaway.
Yahoo Finance’s David Hollerith joins the Live show to discuss Warren Buffett’s take on bitcoin at the 2022 Berkshire Hathaway Annual shareholders meeting.
Warren Buffett is still dismissive of bitcoin. He says that when you buy the cryptocurrency, "You're just hoping the next guy pays more... That is not investing."
The billionaire has never tried to hide his hatred for cryptocurrency.
Buffett's dismissal of bitcoin as a worthless delusion, and his refusal to own crypto, have slowed its adoption and price gains, Thiel said.