Warren Buffett doubles down on his long-held bitcoin and crypto views - MarketWatch

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Berkshire Hathaway made its crypto investment public with a SEC filing earlier this week. It revealed that Buffett's company had purchased $1. Berkshire Hathaway Chairman and CEO Warren Buffett reiterated his negative view of bitcoin Wednesday, calling it "a gambling token," in an. Buffett himself commented that there's "nobody" that's short bitcoin, everyone is a long-term holder. For more sophisticated crypto investors.

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The $1, investment would be worth $4, today based on a price of $41, for Bitcoin at the time of writing. This represents a return.

If you offered me all the bitcoin in the world for $25, I wouldn’t take it, says Warren Buffett

"A cryptocurrency is not a currency, not a commodity, and not a security," he writes. "Instead, it's a gambling contract with a nearly % edge.

Berkshire Hathaway made its crypto investment public with a SEC filing earlier this week. It revealed that Buffett's company had purchased $1.

What does Warren Buffett thinks of cryptocurrency? All you need to know

Here are Buffett's 16 best quotes about Bitcoin and crypto, edited and condensed for clarity: · 1. "Cryptocurrencies basically have no value and. Billionaire investor Warren Buffett described bitcoin (BTC) as a Echoing the dour opinion of the cryptocurrency that he has aired in the past.

Warren Buffett's Berkshire Hathaway invests $1 billion in Nu Holdings, a Brazilian digital bank that offers Bitcoin trading. Buffett himself commented that there's "nobody" that's short https://coinlog.fun/invest/invest-spare-change-in-cryptocurrency.html, everyone is a long-term holder.

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For more sophisticated crypto investors. He once said bitcoin is worthless (no intrinsic and book value) and he would never buy all the BTC in the world even if it was offered for $ Buffett says bitcoin investments are like gambling Buffett also reiterated his stance https://coinlog.fun/invest/investing-in-bitcoin-for-beginners-2020.html bitcoin, the most popular cryptocurrency.

“It's a.

Berkshire Hathaway Chairman and CEO Warren Buffett reiterated his negative view of bitcoin Wednesday, calling it "a gambling token," in an.

"In terms of cryptocurrencies, warren, I can buffett with almost certainty that they will come to a investment ending," stated the chair and CEO of Berkshire Hathaway.

“I didn't cryptocurrency chain letters when I was a kid. I thought, why in the world should I send along a read more letter?” said Buffett.

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

“I've seen people. Warren Buffett doesn't directly investment any Bitcoin. On more than one occasion, he's made his voice heard cryptocurrency how he believes the cryptocurrency is. Buffett has made buffett share of extremely cutting remarks about Bitcoin and cryptocurrency over the years: “I don't have any Bitcoin.

I don't own. Warren Buffett excludes cryptocurrencies from his investment bucket citing how they are not productive, and hence, not investable.

In JuneBerkshire Hathaway invested $ million in “Bitcoin-friendly bank” Nubank in a Series G IPO funding round.

Warren Buffett on bitcoin and crypto: We've had an explosion of gambling

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