At Berkshire Hathaway's 60th annual shareholder meeting, Warren Buffett became the center of attention, this time not for a bold investment move, but for a serious warning about the weakening U.S. dollar.
Although Buffett has long been known for his cautious stance on Bitcoin, his recent statements suggest he is starting to see its value.
Buffett warns about the weakening dollar
In his speech, Buffett expressed deep concern about U.S. fiscal policy. He explained that the U.S. government continues to print more money, causing the value of the currency to gradually decrease over time.
He said, “Fiscal policy is what scares me in the United States”
Buffett is clearly unhappy with how the government is managing the U.S. economy. He described the current financial behavior as "alarming" and noted, "We will not invest in a currency that is going 'to hell'."
Berkshire's moves reflect significant concerns
Buffett's words are not just empty talk. His company's recent actions have proven that. In 2024 alone, Berkshire Hathaway sold $134 billion in stocks, including major names like Apple and Bank of America. At the same time, the company's cash reserves surged to a record $347 billion.
This signals a defensive strategy. Buffett seems to be preparing for instability and keeping cash ready for opportunities or emergencies.
Is Buffett hinting at Bitcoin?
Although he did not specifically mention Bitcoin, Buffett's warnings align with the reasons why many support it. The fixed supply and decentralized nature of Bitcoin are seen by some as a hedge against the very type of monetary policy that Buffett is concerned about.
Buffett may not have publicly endorsed Bitcoin, but his words have sparked the discussion. And with the current monetary issues, this is a discussion that more and more people are willing to engage in.
Is Berkshire planning to invest heavily in Bitcoin?
Some X users believe that Berkshire Hathaway is exploring other currencies for investment and they don't think it will be long before the company makes significant investments in Bitcoin. The hypothesis is that Berkshire could soon surpass MicroStrategy in Bitcoin holdings, with billions of dollars deployed into cryptocurrency.
With Berkshire's cautious investment approach and strategy, could this be a signal that Buffett and his team are gradually becoming interested in Bitcoin?
