Warren Buffett, CEO of Berkshire Hathaway, announced that he sold 13% of AAPL shares. This means that AAPL shares will drop from 905.5 million to 790 million by the end of 2023. Buffett stated that the reason for this reduction may be that taxes may increase. AAPL shares are down 2.7% year-to-date, while META shares are up 30.5% and AMZN shares are up 23.3%. 📉🍏
Buffett sees it as "extremely likely" that AAPL shares will become Berkshire Hathaway's largest holding by the end of the year. However, he has stated that he has a harsh stance towards Bitcoin and thinks that Bitcoin "will not do anything". Do you think Warren Buffett's view that Bitcoin has no purpose or use is correct? Leave your comments below.