๐จ๐จ #BitCoinRumors ๐จ$BTC ๐จ
๐จ Berkshire Hathaway & Bitcoin: Fact or Fiction?
๐ No Official Confirmation
โ No credible sources confirm that Berkshire Hathaway is investing its $334.2 billion cash reserves in Bitcoin or crypto. (๐ Reuters)
๐ง Buffettโs Stance on Crypto
๐ฅ Warren Buffett has repeatedly criticized Bitcoin, calling it a "gambling token" and "rat poison squared." (๐ Coindesk)
๐ซ In October 2024, he denied endorsing any crypto investments, warning against scams using his name. (๐ Reuters)
๐ฐ Berkshire's Investment Strategy
๐ Holding cash due to overvalued markets and economic uncertainty.
๐ฆ Reduced stakes in Apple & Bank of America while keeping funds in U.S. Treasury securities. (๐ El Paรญs)
๐ Conclusion:
๐ No signs that Berkshire Hathaway is shifting to Bitcoin. This rumor appears to be unsubstantiated speculation. Always verify before believing market hype! โ