BitcoinWarrior

News and Education

Is Warren Buffett Warming Up To Bitcoin? Berkshire Hathaway Profits Big From Crypto Investment

Perhaps the most famous value investor of all time, Warren Buffett is strongly against Bitcoin and other cryptocurrencies, saying, “You can’t value Bitcoin because it’s not a value-producing asset.” Buffett and his holding company Berkshire Hathaway Inc. have been well-known for their investments in stable and profitable companies. Buffett believes in investments that create value, instead of relying on investor sentiment. “If you buy something like Bitcoin or some cryptocurrency, you don’t really have anything that has produced anything. You’re just hoping the next guy pays more.” This strate…