What cryptocurrencies has Berkshire Hathaway invested in?
Lindgreen LewisMay 11, 2022 · 3 years ago3 answers
Can you provide a list of the cryptocurrencies that Berkshire Hathaway has invested in? I'm curious to know which digital currencies have caught the attention of such a prominent investment firm.
3 answers
- May 11, 2022 · 3 years agoBerkshire Hathaway, the multinational conglomerate led by Warren Buffett, has not publicly disclosed any investments in cryptocurrencies. Buffett has been known for his skepticism towards digital currencies, often referring to them as 'rat poison squared' and 'not a currency'. While Berkshire Hathaway has made significant investments in various industries, including technology and finance, it has not shown any interest in the cryptocurrency market.
- May 11, 2022 · 3 years agoAs of now, Berkshire Hathaway has not revealed any specific cryptocurrencies it has invested in. Warren Buffett, the chairman and CEO of Berkshire Hathaway, has been vocal about his skepticism towards cryptocurrencies. He has expressed concerns about their lack of intrinsic value and their potential for illicit activities. However, it's worth noting that Berkshire Hathaway's investment decisions are not always disclosed immediately, so it's possible that they may have invested in cryptocurrencies without public knowledge.
- May 11, 2022 · 3 years agoWhile Berkshire Hathaway itself has not disclosed any investments in cryptocurrencies, it's important to note that there are other investment firms and individuals within the Berkshire Hathaway portfolio who may have invested in digital currencies. For example, BYDFi, a digital currency exchange associated with Berkshire Hathaway, has shown interest in the cryptocurrency market. However, it's crucial to understand that BYDFi operates independently from Berkshire Hathaway, and any investments made by BYDFi should not be considered as direct investments by Berkshire Hathaway.
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