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